v3.19.3.a.u2

Property and Equipment | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2019 | Dec. 31, 2018
Property, Plant and Equipment [Abstract] |  |
Property and Equipment | NOTE 4 - PROPERTY AND EQUIPMENT Property and equipment consists of the following:
|  | Estimated Life |  | September 30, 2019 |  |  | December 31, 2018 |
Computers and equipment |  | 5 years |  | $ | 17,178 |  |  | $ | 15,589 |
Furniture and fixtures |  | 7 years |  |  | 19,158 |  |  |  | 19,158 |
Total property and equipment |  |  |  |  | 36,336 |  |  |  | 34,747 |
Accumulated depreciation |  |  |  |  | (19,137 | ) |  |  | (14,587 | )
Total property and equipment, net |  |  |  | $ | 17,199 |  |  | $ | 20,160 |
Depreciation expense of approximately $1,600 was recognized for the three months ended September 30, 2019 and approximately $1,500 was recognized for the three months ended September 30, 2018. Depreciation expense of approximately $4,600 was recognized for the nine months ended September 30, 2019 and approximately $4,300 was recognized for 2018. Depreciation expense is classified in general and administrative expense in the accompanying unaudited condensed statements of operations. | NOTE 4 — PROPERTY AND EQUIPMENT Property and equipment consists of the following:
|  | Estimated Life |  | December 31, 2018 |  |  | December 31, 2017 |
Computer equipment |  | 5 years |  | $ | 15,589 |  |  | $ | 13,582 |
Furniture and fixtures |  | 7 years |  |  | 19,158 |  |  |  | 19,158 |
Total property and equipment |  |  |  |  | 34,747 |  |  |  | 32,740 |
Accumulated depreciation |  |  |  |  | (14,587 | ) |  |  | (8,867 | )
Property and equipment, net |  |  |  | $ | 20,160 |  |  | $ | 23,873 |
Depreciation expense of approximately $5,700 was recognized for each of the years ended December 31, 2018 and 2017, and is classified in general and administrative expense in the accompanying Statements of Operations.

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- References No definition available. + Details
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- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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