Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.20.2
Property and Equipment, Net
6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

NOTE 4: PROPERTY AND EQUIPMENT, NET

 

Property and equipment consists of the following:

 

    June 30, 2020     December 31, 2019  
Furniture   $ 153,640     $ 111,490  
Computers     275,894       254,243  
Production equipment     182,446       182,446  
Tooling and molds     1,248,894       605,485  
Website design     440,063       360,943  
Leasehold Improvements     42,249       42,249  
Less: accumulated depreciation     (744,602 )     (526,971 )
Property and Equipment, net   $ 1,598,583     $ 1,029,885  

 

Depreciation with respect thereto consists of the following:

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2020     2019     2020     2019  
Depreciation expense   $ 132,707     $ 65,614     $ 217,631     $ 101,911