Annual report pursuant to Section 13 and 15(d)

PROPERTY PLANT & EQUIPMENT, NET

v3.23.1
PROPERTY PLANT & EQUIPMENT, NET
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY PLANT & EQUIPMENT, NET PROPERTY PLANT & EQUIPMENT, NET
Property Plant and Equipment balances are summarized as follows:
As of December 31,
2022 2021
Computers and technology equipment $ 232,405  $ 106,825 
Furniture and fixtures 234,389  110,006 
Leasehold improvements 306,719  164,072 
Vehicles 456,797  20,000 
Software 685,580  229,621 
Other equipment 58,525  36,548 
Accumulated depreciation (667,269) (459,576)
Total property plant and equipment, net $ 1,307,146  $ 207,496 
Depreciation expense for the years ended December 31, 2022 and 2021 totaled $423,286 and $223,727, respectively.