Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

v3.21.1
PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3 — PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following at:

 

    December 31, 2020   December 31, 2019  
               
Furniture and office equipment   $ 753,536   $ 679,032  
Leasehold improvements     542,796     456,075  
Manufacturing equipment and tooling     1,856,909     1,295,978  
   Total property and equipment     3,153,241     2,431,085  
Less: accumulated depreciation and amortization     (1,985,618 )   (1,819,239 )
Property and equipment, net   $ 1,167,623   $ 611,846  

 

On May 21, 2019, the Company sold the house it owned for $0.2 million.