Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT, NET

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PROPERTY AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 4: PROPERTY AND EQUIPMENT, NET

 

Property and equipment consists of the following:

 

    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:

 

    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