Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.20.1
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

NOTE 5: PROPERTY AND EQUIPMENT, NET

 

Property and equipment consists of the following:

 

    December 31, 2019     December 31, 2018  
Furniture   $ 111,490     $ 61,722  
Computers     254,243       88,615  
Production equipment     182,446       75,233  
Tooling and molds     605,485       249,690  
Website design     360,943       9,850  
Leasehold Improvements     42,249       37,899  
Less: accumulated depreciation     (526,971 )     (298,813 )
 Property and Equipment, net   $ 1,029,885     $ 224,196  

 

Depreciation expense for the years ended December 31, 2019 and 2018, was $225,426 and $120,723, respectively.