PROPERTY AND EQUIPMENT
|12 Months Ended|
Dec. 31, 2018
|Notes to Financial Statements|
|Note 5 - PROPERTY AND EQUIPMENT||
Property and equipment is stated at cost and consist of the following:
Depreciation expense on property and equipment for the twelve month period ended December 31, 2018, the six month period ended December 31, 2017 and the twelve month period ended June 30, 2017 was $4,000, $3,000 and $7,000, respectively.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
No definition available.