Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.19.1
PROPERTY AND EQUIPMENT
 3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3  PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following at: 

               
    March 31, 2019   December 31, 2018  
               
Land   $ 54,030   $ 54,030  
Building     171,094     171,094  
Furniture, office equipment, and leasehold improvements     1,085,234     1,058,507  
Manufacturing equipment and tooling     1,282,303     1,279,865  
      2,592,661     2,563,496  
Less: accumulated depreciation     (1,759,646 )   (1,704,715 )
Property and equipment, net   $ 833,015   $ 858,781  

 

Depreciation expense was $73,515 and $66,480 for the three months ended March 31, 2019 and March 31, 2018, respectively.