Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.20.1
PROPERTY AND EQUIPMENT
 3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 2  PROPERTY AND EQUIPMENT 

 

Property and equipment consists of the following at: 

               
    March 31, 2020   December 31, 2019  
               
Furniture, office equipment, and leasehold improvements     1,165,811     1,135,107  
Manufacturing equipment and tooling     1,362,984     1,295,978  
      2,528,795     2,431,085  
Less: accumulated depreciation     (1,890,125 )   (1,819,239 )
Property and equipment, net   $ 638,670   $ 611,846  

  

Depreciation expense was $72,768 and $73,515 for the three months ended March 31, 2020 and March 31, 2019, respectively.