v3.19.3

Fixed Assets

9 Months Ended

Sep. 30, 2019

Property, Plant and Equipment [Abstract]

Fixed Assets

Note 5 – Fixed Assets

Fixed assets at September 30, 2019 and December 31, 2018 consisted of the following:

		September 30, 2019				December 31, 2018
Office equipment		$	90,798			$	32,107
Furniture and equipment			607				607
Computer			13,704				13,704
Technical equipment			27,492				27,492
Intellectual Property			74,982				65.487
Subtotal Fixed Assets		$	207,583			$	139,397
Less: accumulated depreciation			(51,127	)			(41,102	)
Fixed Assets		$	156,456			$	98,295

Depreciation expense for the nine months ended September 30, 2019 and 2018 was to $16,095 and $5,085, respectively.

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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