Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.22.2
Property and Equipment
 6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

    June 30,
2022		     December 31,
2021		  
Vehicles   $ 149,916     $ 149,916  
Computer equipment     282,538       183,869  
Furniture and fixtures     254,733       141,053  
Software     128,714       88,284  
Leasehold improvements     1,926,158       37,401  
Development equipment     77,274       56,275  
Base stations     239,380       117,850  
Drones     172,611       54,969  
Construction in progress     838,181       627,044  
      4,069,265       1,456,661  
Less: accumulated depreciation     (551,698 )     (424,662 )
Total property and equipment   $ 3,517,567     $ 1,031,999  

 

Depreciation expenses for the three months ended June 30, 2022 and 2021 were $87,401 and $25,130, respectively. Depreciation expenses for the six months ended June 30, 2022 and 2021 were $127,036 and $50,272, respectively.