Annual report pursuant to Section 13 and 15(d)

Property And Equipment

v3.3.1.900
Property And Equipment
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following:

 

    December 31, 2015   December 31, 2014
Equipment   $ 131,821     $ 106,861  
Furniture & fixtures     86,943       3,964  
Leasehold improvements     381,450       274,637  
      600,214       385,462  
Less: accumulated depreciation and amortization     (325,328 )     (230,212 )
   Property and Equipment, Net   $ 274,886     $ 155,250  

 

Depreciation and amortization expense from continuing operations for the years ended December 31, 2015 and 2014 was $94,072 and, $72,048 respectively. In addition, the Company also recorded depreciation expense of $1,044 as part of discontinued operations.