Annual report pursuant to Section 13 and 15(d)

4. Fixed Assets

v3.3.1.900
4. Fixed Assets
 12 Months Ended
Dec. 31, 2015
Fixed Assets  
4. Fixed Assets

A summary of fixed assets and equipment at December 31, 2015 and 2014, consist of the following:

 

    2015     2014  
Furniture and equipment   $ 110,042     $ 110,042  
Computer equipment and software     304,656       292,811  
Leasehold Improvements     6,385       -  
Subtotal     421,083       402,853  
Less: accumulated depreciation and amortization     (379,044 )     (349,178 )
Total   $ 42,039     $ 53,675  

 

Depreciation and amortization expense for the years ended December 31, 2015 and 2014, was $29,866 and $31,376, respectively.