XML 61 R14.htm IDEA: XBRL DOCUMENT v3.20.2
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

 

Property and equipment consisted of the following:

 

   

As of

December 31, 2019

    

As of

December 31, 2018

  
Furniture   $ 430     $ 209,444  
Electronic equipment     7,329       214,300  
Leasehold improvement     -       47,440  
Total property and equipment     7,759       471,184  
Less: accumulated depreciation     (6,256 )     (146,299 )
Less: impairment     -       (73,999 )
Property and equipment, net   $ 1,503     $ 250,886  

 

Depreciation expense was $60,910, $58,369 and $26,286, respectively for the years ended December 31, 2019, 2018 and 2017.