Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
 9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND Equipment

 

Property and equipment consisted of the following as of:

 

    Estimated Life   September 30, 2020     December 31, 2019  
                 
Office equipment   5 years   $ 5,481     $ 5,481  
Computer equipment   3 years     40,171       40,171  
Accumulated depreciation         (43,579 )     (42,542 )
Total       $ 2,073     $ 3,110  

 

Depreciation expense was $346 and $1,037 and $3,059 and $9,360 for the three and nine months ended September 30, 2020 and 2019, respectively, and is classified in general and administrative expenses in the condensed consolidated Statements of Operations.