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Property and Equipment
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

 

Property and equipment are summarized as follows:

 

   December 31   December 31, 2017 
   2018   2017   Predecessor 
Furniture and Fixtures  $14,895   $-   $36,471 
Office Equipment   73,205    -    180,576 
Leasehold improvements   6,208    -    - 
Computer Software   12,292    -    63,607 
    106,600    -    280,654 
Accumulated depreciation   (40,655)   -    (162,414)
Property and equipment, net  $65,945   $-   $118,240 

 

Depreciation expense was $40,655 and $0 for the years ended December 31, 2018 and 2017, respectively. As it pertains to the predecessor, for the period from January 1, 2018 through April 8, 2018, depreciation expense was $18,486 and for the year ended December 31, 2017, depreciation expense was $83,569.