Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.21.2
Property and Equipment
9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

    September 30,
2021
    December 31,
2020
 
Vehicle   $ 149,916     $ 149,916  
Computer Equipment     183,869       112,615  
Furniture and fixtures     141,053       94,053  
Software     61,287       61,287  
Leasehold improvements     37,401       28,247  
Test Equipment     39,774       25,395  
      613,300       471,513  
Less: accumulated depreciation     (386,255 )     (308,429 )
Total property and equipment, net   $ 227,045     $ 163,084  

 

Depreciation expense for the three months ended September 30, 2021 and 2020 was $27,553 and $24,606, respectively. Depreciation expense for the nine months ended September 30, 2021 and 2020 was $77,825 and $74,079, respectively.