Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.21.1
Property and Equipment, Net
3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

NOTE 4: PROPERTY AND EQUIPMENT, NET

 

Property and equipment consists of the following:

 

    March 31, 2021     December 31, 2020  
Furniture   $ 316,969     $ 183,672  
Computers     690,238       586,749  
Production equipment     272,182       182,446  
Automobile and transportation     412,509       635,542  
Tooling and molds     2,748,606       1,989,366  
Application development     -       93,435  
Website design     544,569       507,088  
Leasehold Improvements     42,249       42,249  
Office Construction     35,741       -  
Development     543,435       -  
      5,606,498       4,220,547  
Less: accumulated depreciation     (1,449,639 )     (1,153,623 )
Property and Equipment, net   $ 4,156,859     $ 3,066,924  

 

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

 

   

Three Months Ended

March 31,

 
    2021     2020  
Depreciation expense   $ 296,016     $ 84,924