Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
 3 Months Ended
Mar. 31, 2022
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   2022     2021  
                 
Office equipment   5 years   $ 28,181     $ 28,181  
Computer equipment   3 years     3,157       3,157  
Accumulated depreciation         (4,996 )     (3,292 )
        $ 26,342     $ 28,046  

 

Depreciation expense was $1,704 and $344 for the three months ended March 31, 2022 and 2021, respectively, and is classified in general and administrative expenses in the unaudited condensed consolidated Statements of Operations.