Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.21.1
PROPERTY AND EQUIPMENT
 3 Months Ended
Mar. 31, 2021
Property Plant And Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5. PROPERTY AND EQUIPMENT

Property and equipment, net, consisted of the following at: 

 

 

 

March 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Furniture and fixtures

 

$

312,639

 

 

$

312,639

 

Automotive vehicles

 

 

215,127

 

 

 

215,127

 

Office and computer equipment

 

 

361,451

 

 

 

332,544

 

Leasehold improvements

 

 

35,532

 

 

 

32,547

 

Property and equipment, gross

 

 

924,749

 

 

 

892,857

 

Less: accumulated depreciation

 

 

(799,589

)

 

 

(776,133

)

Property and equipment, net

 

$

125,160

 

 

$

116,724

 

 

For the three months ended March 31, 2021 and 2020, depreciation expense related to property and equipment was $23,456 and $22,994, respectively.