Annual report pursuant to Section 13 and 15(d)

E. PROPERTY AND EQUIPMENT

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E. PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE E – PROPERTY AND EQUIPMENT

 

The Company’s property and equipment as of December 31, 2018 and 2017 consists of the following:

 

    2018     2017  
Development test equipment   $ 19,110     $ 19,110  
Computer software     76,134       76,134  
Office equipment     61,367       51,142  
Office fixtures and furniture     330,568       330,568  
Leasehold improvements     18,016       18,016  
Total     505,195       494,970  
Accumulated depreciation and amortization     (257,907 )     (190,800 )
Total property and equipment   $ 247,289     $ 304,170  

  

Depreciation and amortization expense included as a charge to income was $67,107 and $51,229 for the years ended December 31, 2018 and 2017, respectively.