Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, net

v3.19.1
Property and Equipment, net
3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

4. Property and Equipment, net

 

The following represents a summary of our property and equipment as of March 31, 2019:

 

Crypotocurrency mining equipment   $ 192,305  
Less: accumulated depreciation     (61,655 )
Less: reserve for impairment     (55,000 )
    $ 75,650  

 

Depreciation expense was $16,026 for the three months ended March 31, 2019. This is reflected as part of cost of revenues on the statement of operations.