Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.22.2.2
Property and Equipment
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

On June 30, 2022 and December 31, 2021, property and equipment consisted of the following:

Useful Life June 30,
2022
December 31,
2021
Machinery and equipment 5 - 7 years $ 124,133 $ 124,133
Furniture and office equipment 3 - 7 years 32,306 32,306
Vehicles 1 - 5 years 63,009 63,009
Leasehold improvements 3 - 5 years 45,296 45,296
264,744 264,744
Less: accumulated depreciation (150,135 ) (129,722 )
Property and equipment, net $ 114,609 $ 135,022

For the six months ended June 30, 2022 and 2021, depreciation and amortization expense is included in general and administrative expenses and amounted to $20,413 and $4,944, respectively.