Property and Equipment
|9 Months Ended|
Sep. 30, 2021
|Property, Plant and Equipment [Abstract]|
|Property and Equipment||
Note 3 – Property and Equipment
Property and equipment consisted of the following:
Schedule of Property and Equipment
Depreciation expense for the three months ended September 30, 2021 and 2020 was $17,756 and $17,911, respectively.
Depreciation expense for the nine months ended September 30, 2021 and 2020 was $50,491 (including $5,019 of depreciation from TW prior to deconsolidation) and $48,892, respectively.
These amounts are included as a component of general and administrative expenses in the accompanying consolidated statements of operations.
In connection with the deconsolidation of TW, the Company disposed of property and equipment with a net carrying amount of $20,645.
SURGEPAYS, INC. AND SUBSIDIARIES
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2021
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