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 and Equipment, Net  
Property and Equipment, Net

Note 4. Property and Equipment, Net

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

    

June 30, 2021

    

December 31, 2020

Vehicles

$

$

119,324

Computers and equipment

 

391,402

 

138,842

Furniture and fixtures

 

593,691

 

44,330

Leasehold improvements

110,224

3,402

Total property and equipment

 

1,095,317

 

305,898

Accumulated depreciation

 

(121,817)

 

(151,299)

Total property and equipment, net

$

973,500

$

154,599

Depreciation expense for property and equipment was approximately $44,000 and $8,000 for the three months ended June 30, 2021 and 2020, respectively, and $61,000 and $16,000 for the six months ended June 30, 2021 and 2020, respectively.