Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.22.1
Property and Equipment
 3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

    March 31,
2022		     December 31,
2021		  
Vehicles   $ 149,916     $ 149,916  
Computer equipment     216,124       183,869  
Furniture and fixtures     141,053       141,053  
Software     115,282       88,284  
Leasehold improvements     37,401       37,401  
Development equipment     56,274       56,275  
Base stations     176,775       117,850  
Drones     73,292       54,969  
Construction in progress     2,043,755       627,044  
      3,009,872       1,456,661  
Less: accumulated depreciation     (464,295 )     (424,662 )
Total property and equipment   $ 2,545,577     $ 1,031,999  

 

Depreciation expense for the three months ended March 31, 2022 and 2021 was $39,634 and $25,142, respectively.