XML 26 R9.htm IDEA: XBRL DOCUMENT v3.2.0.727
PROPERTY AND EQUIPMENT
 6 Months Ended
Jun. 30, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following:

 

        June 30,     December 31,  
    Estimated Life   2015     2014  
Computers and equipment   5 years   $ 5,487     $ 5,487  
Furniture and fixtures   7 years     4,270       4,270  
Total property and equipment         9,757       9,757  
Accumulated depreciation         (5,191 )     (4,585 )
Total property and equipment, net of accumulated depreciation       $ 4,566     $ 5,172  

 

Depreciation expense of approximately $300 and $1,300 was recognized for the three months ended June 30, 2015 and 2014, respectively, and approximately $600 and $2,500 for the six months ended June 30, 2015 and 2014, respectively and is classified in general and administrative expense in the accompanying Unaudited Condensed Statements of Operations.