Quarterly report pursuant to Section 13 or 15(d)

Property And Equipment

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Property And Equipment
3 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following:

    March 31,
2016
  December 31,
2015
Equipment   $ 143,771     $ 131,821  
Furniture & fixtures     115,503       86,943  
Leasehold improvements     381,450       381,450  
      640,724       600,214  
Less: accumulated depreciation and amortization     (354,585 )     (325,328 )
   Property and Equipment, Net   $ 286,139     $ 274,886  

  

Depreciation and amortization expense for the three months ended March 31, 2016 and 2015 was $29,257 and $18,702, respectively.