| Property and Equipment |
Note 3 - Property and Equipment
Property and equipment, at cost, consist of the following:
| |
September 30,
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 |
|
1,207,844 |
|
|
|
1,194,120 |
|
| Data Center Equipment |
|
2,511,853 |
|
|
|
2,491,675 |
|
| |
|
5,282,942 |
|
|
|
5,237,965 |
|
| Less: Accumulated depreciation |
|
3,920,676 |
|
|
|
3,614,177 |
|
| Net property and equipment |
$ |
1,362,266 |
|
|
$ |
1,623,788 |
|
Depreciation expense for the nine months ended September 30, 2018
and 2017 was $306,499 and $293,417, respectively.
|