v3.21.2
Fixed Assets, Net
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Fixed Assets, Net

NOTE 6 – FIXED ASSETS, NET

 

Fixed assets, net at December 31, 2020 and 2019 consists of the following:

 

    December 31,     December 31,  
    2020     2019  
             
Office equipment   $ 280,966     $ 281,365  
Furniture and equipment     58,118       58,118  
Computer     13,704       13,704  
Technical equipment     27,492       27,492  
Truck     -       -  
Intellectual Property     78,506       78,506  
Machinery             -  
      458,786       458,785  
Less: accumulated depreciation     (370,557 )     (110,388 )
Equipment   $ 88,228     $ 348,396  

 

Depreciation and amortization for the years ended December 31, 2020 and 2019 amounted to $439,269 and $99,107, respectively.