Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
 3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 2  PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following at:

 

    March 31, 2021   December 31, 2020  
               
Furniture and office equipment   $ 770,240   $ 753,536  
Leasehold improvements     544,896     542,796  
Manufacturing equipment and tooling     1,919,915     1,856,909  
   Total property and equipment     3,235,051     3,153,241  
Less: accumulated depreciation and amortization     (2,080,683 )   (1,985,618 )
Property and equipment, net   $ 1,154,368   $ 1,167,623  

 

Depreciation expense was $100,403 and $72,768 for the three months ended March 31, 2021 and March 31, 2020, respectively.