Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT, NET

v3.21.2
PROPERTY AND EQUIPMENT, NET
 6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 8. PROPERTY AND EQUIPMENT, NET

 

Property and equipment consisted of the following:

 

    2021     2020  
    June 30,     December 31,  
    2021     2020  
Computer and equipment   $ 841,270     $ 815,704  
Furniture and fixtures     170,357       127,401  
Lease improvements     242,024       221,802  
Prototypes     300,376       300,376  
Computer software     455,875       62,077  
 Property and equipment     2,009,902       1,527,360  
Less: Accumulated depreciation     (1,061,928 )     (916,048 )
Property and equipment, net    $ 947,974     $ 611,312  

 

Depreciation expense for the three months ended June 30, 2021 and 2020 was $74,752 and $85,554, and for the six months ended June 30, 2021 and 2020 was $145,880 and $171,612, respectively.