| Property and Equipment |
Note
3 - Property and Equipment
Property
and equipment, at cost, consist of the following:
| |
|
March
31,
2018
|
|
|
December
31,
2017
|
|
| Storage
equipment |
|
$ |
992,996 |
|
|
$ |
992,996 |
|
| Website and software |
|
|
533,418 |
|
|
|
533,418 |
|
| Furniture and fixtures |
|
|
14,037 |
|
|
|
14,037 |
|
| Telephone System |
|
|
9.690 |
|
|
|
— |
|
| Leasehold Improvements |
|
|
13,104 |
|
|
|
11,719 |
|
| Computer hardware and
software |
|
|
1,199,633 |
|
|
|
1,194,120 |
|
| Data
Center Equipment |
|
|
2,491,675 |
|
|
|
2,491,675 |
|
| |
|
|
5,254,553 |
|
|
|
5,237,965 |
|
| Less:
Accumulated depreciation |
|
|
3,724,949 |
|
|
|
3,614,177 |
|
| Net
property and equipment |
|
$ |
1,529,604 |
|
|
$ |
1,623,788 |
|
Depreciation
expense for the three months ended March 31, 2018 and 2017 was $110,772 and $87,154, respectively.
|