Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

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Property and Equipment
9 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 5 - PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following:

 

    September 30, 2018     December 31, 2017  
Office furniture and fixtures   $ 78,650     $ 81,467  
Computer equipment     31,303       29,894  
Rental equipment     67,588       40,298  
Appliques     2,160,096       2,160,096  
Website development     23,334       23,776  
                 
Less accumulated depreciation     (775,381 )     (578,331 )
                 
Total   $ 1,585,590     $ 1,757,200  

 

Depreciation expense was $68,693 and $202,906 for the three and nine months ended September 30, 2018, respectively. For the three and nine months ended September 30, 2017, depreciation expense was $67,893 and $205,569, respectively. For the year ended December 31, 2017 depreciation expense was $259,386.