Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.20.1
Property and Equipment, Net
 3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

NOTE 4: PROPERTY AND EQUIPMENT, NET

 

Property and equipment consists of the following:

 

    March 31, 2020     December 31, 2019  
Furniture   $ 145,010     $ 111,490  
Computers     258,313       254,243  
Production equipment     182,446       182,446  
Tooling and molds     647,637       605,485  
Website design     440,063       360,943  
Leasehold Improvements     42,249       42,249  
Less: accumulated depreciation     (611,895 )     (526,971 )
Property and Equipment, net   $ 1,103,823     $ 1,029,885  

 

Depreciation and capitalized costs with respect thereto consists of the following:

 

    Three Months Ended March 31,  
    2020     2019  
Depreciation expense   $ 84,924     $ 36,297