Quarterly report pursuant to Section 13 or 15(d)

Property, plant and equipment

Property, plant and equipment

3 Months Ended

Mar. 31, 2019

Property, plant and equipment [Abstract]

6.	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 March 31, 2019 and December 31, 2018, the Company’s property, plant and equipment, net consisted of the following:

	March 31, 2019			December 31, 2018
Computer equipment and software	$	39,193		$	39,193
Furniture and other equipment		63,479			63,479
Property, plant and equipment		102,672			102,672
Less: accumulated depreciation		(34,500	)		(31,335	)
Property, plant and equipment, net	$	68,172		$	71,337

Depreciation expense for the three months ended March 31, 2019 and 2018 amounted to $3,165 and $931, respectively.