| Property and Equipment, Net |
NOTE 4: PROPERTY AND EQUIPMENT, NET
Property and equipment consists of the following:
| |
|
September 30, 2020 |
|
|
December 31, 2019 |
|
| Furniture |
|
$ |
183,512 |
|
|
$ |
111,490 |
|
| Computers |
|
|
460,500 |
|
|
|
254,243 |
|
| Production equipment |
|
|
182,446 |
|
|
|
182,446 |
|
| Automobile and transportation |
|
|
412,509 |
|
|
|
- |
|
| Tooling and molds |
|
|
1,515,400 |
|
|
|
605,485 |
|
| Website design |
|
|
477,238 |
|
|
|
360,943 |
|
| Leasehold Improvements |
|
|
42,249 |
|
|
|
42,249 |
|
| Less: accumulated depreciation |
|
|
(921,293 |
) |
|
|
(526,971 |
) |
| Property and Equipment, net |
|
$ |
2,352,561 |
|
|
$ |
1,029,885 |
|
Depreciation and capitalized costs with respect
thereto consists of the following:
| |
|
Three Months Ended
September 30,
|
|
|
Nine Months Ended
September 30,
|
|
| |
|
2020 |
|
|
2019 |
|
|
2020 |
|
|
2019 |
|
| Depreciation expense |
|
$ |
176,691 |
|
|
$ |
55,741 |
|
|
$ |
394,322 |
|
|
$ |
157,652 |
|
|