Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.21.2
PROPERTY AND EQUIPMENT
 9 Months Ended
Sep. 30, 2021
Property Plant And Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5. PROPERTY AND EQUIPMENT

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

 

 

 

September 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Furniture and fixtures

 

$

312,639

 

 

$

312,639

 

Automotive vehicles

 

 

171,672

 

 

 

215,127

 

Office and computer equipment

 

 

389,628

 

 

 

332,544

 

Leasehold improvements

 

 

35,531

 

 

 

32,547

 

Property and equipment, gross

 

 

909,470

 

 

 

892,857

 

Less: accumulated depreciation

 

 

(792,465

)

 

 

(776,133

)

Property and equipment, net

 

$

117,005

 

 

$

116,724

 

 

For the three months ended September 30, 2021 and 2020, depreciation expense related to property and equipment was $17,570 and $22,153, respectively. For the nine months ended September 30, 2021 and 2020, depreciation expense related to property and equipment was $59,788 and $67,469, respectively.