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Property and Equipment, Net
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

NOTE 7 – PROPERTY AND EQUIPMENT, NET

 

As of December 31, 2019, and 2018, property and equipment consist of the following:

 

    December 31, 2019     December 31, 2018  
             
Furniture and equipment   $ 617,712     $ 282,896  
Leasehold improvements     1,518,293       626,368  
      2,136,005       909,264  
Less: accumulated depreciation and amortization     (489,126 )     (271,977 )
Property and equipment, net   $ 1,646,879     $ 637,287  

 

Depreciation expense amounted to $217,149 and $134,712 for the years ended December 31, 2019 and 2018, respectively.