Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.20.2
PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

    June 30,
2020
    December 31,
2019
 
Leasehold improvements   $ 58,613     $ 58,613  
Vehicle     149,916       149,916  
Furniture and fixtures     94,053       93,464  
Test Equipment     25,395       20,493  
Computer Equipment     110,916       109,509  
Software     67,287       67,287  
      506,180       499,282  
Less: accumulated depreciation     (296,509 )     (247,036 )
Total property and equipment   $ 209,671     $ 252,246  

 

Depreciation expense for the three months ended June 30, 2020 and 2019 was $24,825 and $34,982, respectively. Depreciation expense for the six months ended June 30, 2020 and 2019 was $49,473 and $67,682, respectively.