Annual report pursuant to Section 13 and 15(d)

Property Plant & Equipment, net

v3.21.1
Property Plant & Equipment, net
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property Plant & Equipment, net

NOTE 5 - PROPERTY PLANT & EQUIPMENT, NET

 

Property Plant and Equipment balances are summarized as follows:

 

    2020     2019  
Computers & Technology Equip   $ 67,754     $ 87,300  
Furniture and Fixtures     85,662       42,518  
Leasehold Improvements     164,072       164,072  
Vehicles     20,000       57,414  
Software     142,721       142,721  
R&D Assets     3,031       3,031  
Other Equipment     34,063       38,355  
Accumulated depreciation     (387,859 )     (370,376 )
Property plant and equipment, net   $ 129,444     $ 165,035  

 

Depreciation expense for the years ended December 31, 2020 and 2019 totaled $256,803 and $264,597, respectively.