Property and Equipment, Net

3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

NOTE 7 – PROPERTY AND EQUIPMENT, NET

Property and equipment, net consist of the following:


	March 31, 2015			December 31, 2014
Advertising display equipment	$	1,334		$	—
Computer and network equipment		369			283
Furniture, fixtures and office equipment		87			31
Vehicles		74			—


Total cost of property and equipment		1,864			314
Less: accumulated depreciation and amortization		(43	)		(12	)


Property and equipment, net	$	1,821		$	302

Depreciation of property and equipment were allocated to the following categories of cost and expenses:


	Three Months Ended March 31, 2015
Cost of revenues	$	8
Selling and marketing expenses		—
General and administrative expenses		24


Total depreciation and amortization	$	32

- 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.

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