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 6. PROPERTY AND EQUIPMENT, NET

 

Property and equipment consisted of the following:

 

   

June 30,

2020

    

December 31,

2019

  
Computer and equipment   $ 669,494     $ 520,586  
Furniture and fixtures     115,716       111,347  
Lease improvements     198,644       117,897  
Prototypes     228,586       218,682  
Rental fleet     272,116       272,116  
Computer software     54,516       54,516  
      1,539,072       1,295,144  
Less: Accumulated depreciation     (977,390 )     (805,778 )
    $ 561,682     $ 489,366  

 

Depreciation expense for the three and six months ended June 30, 2020 was $85,554 and $171,612 and for the three and six months ended June 30, 2019 was $124,500 and $207,780, respectively.