Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v2.4.1.9
Property and Equipment
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
Note 4 – Property and Equipment
 
Property and equipment are as follows:
 
 
 
As of
 
 
 
December 31, 2014
 
December 31, 2013
 
Computer software
 
$
459,861
 
$
114,876
 
Computer hardware
 
 
725,739
 
 
36,240
 
Furniture and fixtures
 
 
342,452
 
 
28,458
 
Leasehold improvements
 
 
343,734
 
 
14,755
 
 
 
 
1,871,786
 
 
194,329
 
Less – accumulated depreciation
 
 
(356,487)
 
 
(4,717)
 
Total property and equipment, net
 
$
1,515,299
 
$
189,612
 
 
Total depreciation and amortization expense of the Company’s property and equipment was $371,189 and $4,717, for the years ended ended December 31, 2014 and 2013, respectively, reflected within general and administrative expense.