Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

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

NOTE 3 — PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following at:

 

    December 31, 2021   December 31, 2020  
               
Furniture and office equipment   $ 818,897   $ 753,536  
Leasehold improvements     556,907     542,796  
Manufacturing equipment and tooling     2,042,675     1,856,909  
   Total property and equipment     3,418,479     3,153,241  
Less: accumulated depreciation and amortization     (2,312,034 )   (1,985,618 )
Property and equipment, net   $ 1,106,445   $ 1,167,623