Property, Plant and Equipment
|6 Months Ended|
Jun. 30, 2020
|Property, plant and equipment [Abstract]|
|Property, plant and equipment||
Property, plant and equipment are stated at cost less accumulated depreciation and amortization and depreciated using the straight-line method over their useful lives. At June 30, 2020 and December 31, 2019, the Company’s property, plant and equipment, net consisted of the following:
Depreciation expense for the three months ended June 30, 2020 and 2019 amounted to $924 and $3,136, respectively. Depreciation expense for the six months ended June 30, 2020 and 2019 amounted to $1,848 and $6,301 respectively.
The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef