Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

v3.22.4
PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3 — PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following at:

 

    December 31, 2022   December 31, 2021  
               
Furniture and office equipment   $ 1,456,745   $ 818,897  
Leasehold improvements     2,413,820     556,907  
Manufacturing equipment and tooling     2,810,813     2,042,675  
   Total property and equipment     6,681,378     3,418,479  
Less: accumulated depreciation and amortization     (2,794,403 )   (2,312,034 )
Property and equipment, net   $ 3,886,975   $ 1,106,445