PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3. PROPERTY AND EQUIPMENT

 

Depreciation is computed using the straight-line method and is recognized over the estimated useful lives of the property and equipment, which range from 3 to 7 years once placed into service. Depreciation expense does not begin until documentation of equipment placed in service is provided. Machinery and leased equipment is not intended to be sold to the customer at the end of the lease term. Depreciation expense was $5,652 and $4,050 for the three months ended March 31, 2018 and 2017, respectively. Property and equipment at March 31, 2018 and December 31, 2017 consisted of the following:

 

   March 31, 2018  December 31, 2017
Machinery and leased equipment  $129,076   $129,076 
Machinery and equipment not yet in services   281,979    278,079 
Office equipment and furniture   20,064    20,064 
Website   2,760    2,760 
           
Total property and equipment  $433,879   $429,979 
Less: Accumulated Depreciation   (52,377)   (46,725)
           
Property and equipment, net   381,502    383,254