Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.8.0.1
Property and Equipment
 3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 5 - PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following:

 

    March 31, 2018     December 31, 2017  
Office furniture and fixtures   $ 84,557     $ 81,467  
Computer equipment     30,910       29,894  
Rental equipment     47,384       40,298  
Appliques     2,160,096       2,160,096  
Website development     24,259       23,776  
                 
Less accumulated depreciation     (650,883 )     (578,331 )
                 
Total   $ 1,696,323     $ 1,757,200  

 

Depreciation expense was $69,023 and $69,728 for the three months ended March 31, 2018 and 2017, respectively. For the year ended December 31, 2017 depreciation expense was $259,386.