Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT, NET

v3.22.1
PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
NOTE 5: PROPERTY AND EQUIPMENT
,
NET
 
Property and equipment consist of the following:
 
 
December 31, 2021
 
 
December 31, 2020
 
Furniture $ 1,066,219     $ 183,672  
Computers   1,038,154       586,749  
Production equipment   245,713       182,446  
Tooling and molds   6,390,962       1,989,366  
Auto   635,542       635,542  
Application development   2,398,919       93,435  
Website design   814,733       507,088  
Steelbox   882,000          
Leasehold Improvements   2,862,079       42,249  
Less: accumulated depreciation   (2,992,692 )     (1,153,623 )
Property and Equipment, net $
13,341,629
     $ 3,066,924  
 
Depreciation expense for the years ended December 31, 2021 and 2020, was $1,839,069 and $626,652,
respectively
.