Property and Equipment, Net
|12 Months Ended|
Dec. 31, 2018
|Property, Plant and Equipment [Abstract]|
|Property and Equipment, Net||
NOTE 8. PROPERTY AND EQUIPMENT, NET
Property and equipment, net consist of the following:
The Company completed the development of the new network infrastructure services platform on October 11, 2017, due to market conditions during 2018 this platform was determined to be obsolete and was written off to selling, general and administration costs for the year ended December 31, 2018.
Depreciation expense for the years ended December 31, 2018 and 2017, was $934 and $760, respectively.
The Company leases various equipment under capital leases. Assets held under capital leases are included in property and equipment as follows:
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