v3.8.0.1

Property and Equipment

12 Months Ended

Dec. 31, 2017

Property and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

At December 31, 2017 and 2016, property and equipment consisted of the following:

		2017				2016
Office equipment		$	3,466			$	3,466
Warehouse equipment			76,339				76,339
Computer equipment			8,708				8,708
Research lab			10,334				10,334
Office fixtures			3,750				3,750
Less: accumulated depreciation			(90,040	)			(76,920	)
Property and equipment		$	12,557			$	25,677

For the year ended December 31, 2017 and 2016, the Company recorded depreciation expense of $13,120 and $18,401, respectively. For the year ended December 31, 2016, the Company invested $10,334 in building out a new research lab within our corporate headquarters located in the Lake Park, Florida. The new research lab replaced the research lab located in Daytona Beach, Florida which was relocated in July 2016. See Note 12.

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- References

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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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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