v3.21.2
FIXED ASSETS, NET
6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
FIXED ASSETS, NET

NOTE 6 – FIXED ASSETS, NET

 

Fixed assets at June 30, 2021 and December 31, 2020 consisted of the following:

 

   June 20,   December 31, 
   2021   2020 
         
Office equipment  $280,966   $280,966 
Furniture and equipment   58,118    58,118 
Computer   13,704    13,704 
Technical equipment   27,492    27,492 
Truck   -    - 
Intellectual Property   78,505    78,505 
Machinery        - 
    458,785    458,785 
Less: accumulated depreciation   (402,766)   (370,557)
Equipment  $56,019   $ 88,228   

 

Depreciation expense for the three months and six months ended June 30, 2021 and 2020 was $15,431 and $32,209 (depreciation and amortization expense) and $76,156 and $195,422, respectively.