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Property and Equipment
6 Months Ended
Jun. 30, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 4 — PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following:

 

    Estimated Life   June 30, 2016     December 31, 2015  
Computer equipment   5 years   $ 10,274     $ 9,696  
Furniture and fixtures   7 years     23,325       15,840  
Total property and equipment         33,599       25,536  
Accumulated depreciation         (7,427 )     (4,848 )
Property and equipment, net       $ 26,172     $ 20,688  

 

Depreciation expense of approximately $1,300 and $300 was recognized for the three months ended June 30, 2016 and 2015, respectively, and approximately $2,600 and $600 was recognized for the six months ended June 30, 2016 and 2015, respectively, and classified in general and administrative expense in the accompanying unaudited condensed statements of operations.