| Property and Equipment, Net |
NOTE 4: PROPERTY AND EQUIPMENT, NET
Property and equipment consists of the following:
| |
|
June 30, 2020 |
|
|
December 31, 2019 |
|
| Furniture |
|
$ |
153,640 |
|
|
$ |
111,490 |
|
| Computers |
|
|
275,894 |
|
|
|
254,243 |
|
| Production equipment |
|
|
182,446 |
|
|
|
182,446 |
|
| Tooling and molds |
|
|
1,248,894 |
|
|
|
605,485 |
|
| Website design |
|
|
440,063 |
|
|
|
360,943 |
|
| Leasehold Improvements |
|
|
42,249 |
|
|
|
42,249 |
|
| Less: accumulated depreciation |
|
|
(744,602 |
) |
|
|
(526,971 |
) |
| Property and Equipment, net |
|
$ |
1,598,583 |
|
|
$ |
1,029,885 |
|
Depreciation with respect thereto consists
of the following:
| |
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
| |
|
2020 |
|
|
2019 |
|
|
2020 |
|
|
2019 |
|
| Depreciation expense |
|
$ |
132,707 |
|
|
$ |
65,614 |
|
|
$ |
217,631 |
|
|
$ |
101,911 |
|
|