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

NOTE 6 – FIXED ASSETS, NET

 

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

 

   September 30, 2021   December 31, 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   -    - 
Subtotal Fixed Assets   458,785    458,785 
Less: accumulated depreciation   (413,431)   (370,557)
Equipment  $45,353   $88,228 

 

Depreciation expense for the three months and nine months ended September 30, 2021 and 2020 was $10,665 and $69,256 (depreciation and amortization expense) and $42,874 and $264,678, respectively.