Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.21.1
Property and Equipment
 3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of:

 

        March 31,     December 31,  
    Estimated Life   2021     2020  
                 
Office equipment   5 years   $ 4,945     $ 2,074  
Accumulated depreciation         (690 )     (346 )
        $ 4,255     $ 1,728  

 

Depreciation expense was $344 and $0 for the three months ended March 31, 2021 and 2020, respectively, and is classified in general and administrative expenses in the condensed consolidated Statements of Operations.