Annual report pursuant to Section 13 and 15(d)

5. Property Plant and Equipment, net

v3.19.1
5. Property Plant and Equipment, net
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property Plant and Equipment, net

NOTE 5 - PROPERTY PLANT & EQUIPMENT, NET

 

Property Plant and Equipment balances are summarized as follows:

 

    December 31,     December 31,  
    2018     2017  
Computers & Technology Equip   $ 61,910     $ 37,366  
Furniture and Fixtures     30,162       24,825  
Leasehold Improvements     143,215       143,215  
Vehicles     132,875       149,028  
Software     233,783       6,550  
R&D Assets     84,031        
Other Equipment     65,140       20,653  
Accumulated depreciation     (309,975 )     (156,813 )
Property plant and equipment, net   $ 441,414     $ 224,824  

 

Depreciation expense for the years ended December 31, 2018 and 2017 totaled $153,162 and $75,605, respectively.