Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
 6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of:

 

        June 30,     December 31,  
    Estimated Life   2021       2020  
                 
Office equipment   5 years   $ 4,945     $ 2,074  
Accumulated depreciation         (1,193 )     (346 )
        $ 3,752     $ 1,728  

 

Depreciation expense was $503 and $847 and $0 and $0 for the three and six months ended June 30, 2021 and 2020, respectively, and is classified in general and administrative expenses in the condensed consolidated Statements of Operations.