Quarterly report pursuant to Section 13 or 15(d)

Property and equipment

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Property and equipment
3 Months Ended
Jun. 30, 2015
Property, Plant and Equipment [Abstract]  
Property and equipment

Note 4. Property and equipment

 

Property and equipment consisted of the following:

  

    June 30,     March 31,  
  Estimated Useful Life   2015     2015  
Research and development equipment 3 – 10 years   $ 70,091     $ 66,095  
Computer equipment 5 years     12,892       4,367  
Furniture and fixtures 3 – 10 years 5 – 10 years     3,725       725  
Leasehold improvements 39 years     3,240        
        89,948       71,187  
Less: Accumulated depreciation       (8,307 )     (5,675 )
Total     $ 81,641     $ 65,512  

 

The Company recorded depreciation expense of $2,632 and $211 for the three months ended June 30, 2015 and the period May 12, 2014 (Inception) through June 30, 2014, respectively.