| PROPERTY AND EQUIPMENT, NET |
NOTE
4: PROPERTY AND EQUIPMENT, NET
Property
and equipment consists of the following:
SCHEDULE
OF PROPERTY AND EQUIPMENT
| |
|
June
30, 2021 |
|
|
December
31, 2020 |
|
| Furniture |
|
$ |
272,886 |
|
|
$ |
183,672 |
|
| Computers |
|
|
734,006 |
|
|
|
586,749 |
|
| Production equipment |
|
|
202,380 |
|
|
|
182,446 |
|
| Automobile and transportation |
|
|
635,542 |
|
|
|
635,542 |
|
| Tooling and molds |
|
|
3,824,997 |
|
|
|
1,989,366 |
|
| Application development |
|
|
1,122,236 |
|
|
|
93,435 |
|
| Website design |
|
|
622,948 |
|
|
|
507,088 |
|
| Leasehold Improvements |
|
|
403,751 |
|
|
|
42,249 |
|
| Steelbox |
|
|
490,000 |
|
|
|
- |
|
| Less: accumulated depreciation |
|
|
(1,797,721 |
) |
|
|
(1,153,623 |
) |
| Property
and Equipment, net |
|
$ |
6,511,025 |
|
|
$ |
3,066,924 |
|
Depreciation
and capitalized costs with respect thereto consists of the following:
SCHEDULE
OF DEPRECIATION AND CAPITALIZED COSTS
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| |
|
Three
Months Ended June 30, |
|
|
Six
Months Ended June 30, |
|
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| Depreciation expense |
|
$ |
348,082 |
|
|
$ |
132,707 |
|
|
$ |
644,098 |
|
|
$ |
217,631 |
|
|