Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

v3.23.1
PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of:

    Estimated Life   December 31, 2022     December 31, 2021  
                 
Office equipment   5 years   $ 29,041     $ 28,181  
Computer equipment   3 years     3,157       3,157  
Accumulated depreciation         (10,146 )     (3,292 )
Property and equipment, net       $ 22,052     $ 28,046  

 

Depreciation expense was $6,854 and $2,946 for the years ended December 31, 2022 and 2021, respectively, and is classified in general and administrative expenses in the Consolidated Statements of Operations.