v3.21.2

Fixed Assets, Net | 6 Months Ended
--- | ---
Jun. 30, 2020
Property, Plant and Equipment [Abstract] |
Fixed Assets, Net | NOTE 5 – FIXED ASSETS, NET Fixed assets at June 30, 2020 and December 31, 2019 consisted of the following:
|  | June 30, |  |  | December 31, |
|  | 2020 |  |  | 2019 |
Office equipment |  | $ | 280,966 |  |  | $ | 281,365 |
Furniture and equipment |  |  | 58,118 |  |  |  | 58,118 |
Computer |  |  | 13,704 |  |  |  | 13,704 |
Technical equipment |  |  | 27,492 |  |  |  | 27,492 |
Truck |  |  | - |  |  |  | - |
Intellectual Property |  |  | 78,506 |  |  |  | 78,506 |
Machinery |  |  |  |  |  |  | - |
|  |  | 458,786 |  |  |  | 458,785 |
Less: accumulated depreciation |  |  | (229,052 | ) |  |  | (110,388 | )
Equipment |  | $ | 229,732 |  |  | $ | 348,396 |
Depreciation expense for the three months ended June 30, 2020 and 2019 was $76,156 (depreciation and amortization expense) and $5,497, respectively.

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