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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

The major classes of property and equipment are as follows at December 31, 2023 and 2022:

 

Schedule of property and equipment        
   December 31,   December 31, 
   2023   2022 
Furniture & Fixtures  $ 132,018   $ 115,238 
Tools and Equipment   1,291,673    1,162,568 
Leasehold Improvements   298,004    228,404 
Internal Use Software   381,441    100,241 
Property, Plant and Equipment, Gross   2,103,136    1,606,451 
Accumulated Depreciation   (1,376,629)   (976,961)
Property, Equipment and Software, net  $ 726,507    $629,490 

 

         
   December 31,   December 31, 
   2023   2022 
Internal Use Software consisted of the following:      
Internal Use Software  $ 381,441   $ 100,241 
Accumulated depreciation   (133,149)   (57,032)
Internal Use Software, net  $ 248,292   $ 43,209 

 

           
   December 31,   December 31, 
   2023   2022 
Depreciation Expense:        
Property and equipment, excluding internal use software  $ 315,686   $ 262,895 
Software amortization expense   84,328    57,033 

 

The following is a schedule of estimated future depreciation expense of software at December 31, 2023:

       
 2024   $100,952 
 2025    103,716 
 2026    43,624 
     $ 248,292 

  

Depreciation expense in 2023 and 2022 was $315,686 and $267,959, respectively.