Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.20.2
Property and Equipment
 6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 5 - PROPERTY AND EQUIPMENT

 

At June 30, 2020 and December 31, 2019, property and equipment, net of fully depreciated assets, consisted of the following:

 

    June 30, 2020     December 31, 2019  
Office furniture and fixtures   $ 9,414     $ 10,066  
Computer equipment     36,477       47,646  
Rental equipment     58,449       75,470  
Appliques     2,160,096       2,160,096  
Website development     59,959       36,279  
                 
Less accumulated depreciation     (1,093,798 )     (988,370 )
                 
Total   $ 1,230,597     $ 1,341,187  

 

Depreciation expense for the three months ended June 30, 2020 and 2019 was $66,471 and $60,661, respectively. Depreciation expense for the six months ended June 30, 2020 and 2019 was $131,795 and $121,625, respectively.