Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.21.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2020
Property and Equipment, Net  
Property and Equipment, Net

Note 5. Property and Equipment, Net

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

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2020

    

2019

Vehicles

 

$

119,324

 

$

119,324

Computers and equipment

 

 

138,842

 

 

73,115

Furniture and fixtures

 

 

44,330

 

 

30,058

Leasehold improvements

 

 

3,402

 

 

 —

Total property and equipment

 

 

305,898

 

 

222,497

Accumulated depreciation

 

 

(151,299)

 

 

(116,525)

Total property and equipment, net

 

$

154,599

 

$

105,972

 

Depreciation expense for property and equipment was approximately $35,000 and $26,000 for the years ended December 31, 2020 and 2019, respectively.