Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3 — PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following at:

 

    December 31, 2023   December 31, 2022  
               
Furniture and office equipment   $ 1,412,164   $ 1,456,745  
Leasehold improvements     1,953,653     2,413,820  
Manufacturing equipment and tooling     3,193,113     2,810,813  
   Total property and equipment     6,558,930     6,681,378  
Less: accumulated depreciation and amortization     (2,721,273 )   (2,794,403 )
Property and equipment, net   $ 3,837,657   $ 3,886,975