Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.19.2
Property and Equipment
6 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 5 - PROPERTY AND EQUIPMENT

 

At June 30, 2019 and December 31, 2018, property and equipment consisted of the following:

 

    June 30, 2019     December 31, 2018  
Office furniture and fixtures   $ 80,103     $ 76,907  
Computer equipment     30,572       30,678  
Rental equipment     69,652       66,090  
Appliques     2,160,096       2,160,096  
Website development     36,853       23,061  
                 
Less accumulated depreciation     (958,111 )     (836,987 )
                 
Total   $ 1,419,165     $ 1,519,845  

 

Depreciation expense was $121,625 and $134,213 for the six months ended June 30, 2019 and 2018, respectively. For the three months ended June 30, 2019 and 2018, depreciation expense was $60,661 and $65,590, respectively.