Fathom Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

Property and Equipment, Net

3 Months Ended

Mar. 31, 2021

Property and Equipment, Net

Property and Equipment, Net

Note 4. Property and Equipment, Net

Property and equipment, net consisted of the following at the dates indicated:


	March 31, 2021		December 31, 2020
	(Unaudited)
Vehicles	$	119,324	$	119,324
Computers and equipment		182,863		138,842
Furniture and fixtures		401,822		44,330
Leasehold improvements		3,402		3,402
Total property and equipment		707,411		305,898
Accumulated depreciation		(168,643)		(151,299)
Total property and equipment, net	$	538,768	$	154,599

Depreciation expense for property and equipment was approximately $17,000 and $8,000 for the three months ended March 31, 2021 and 2020, respectively.