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Property and Equipment
12 Months Ended
Dec. 31, 2021
Property Plant And Equipment [Abstract]  
Property and Equipment

NOTE 6 – PROPERTY AND EQUIPMENT

Property and equipment, net consists of the following on December 31:

 

 

 

December 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Computers and computer equipment

 

$

743,807

 

 

$

748,392

 

Furniture and office equipment

 

 

435,342

 

 

 

329,725

 

Manufacturing equipment and engineering tools

 

 

2,622,059

 

 

 

2,710,784

 

ERP Financial System

 

 

2,404,967

 

 

 

2,203,484

 

Leasehold improvements

 

 

976,967

 

 

 

943,194

 

Vehicles

 

 

4,012

 

 

 

4,315

 

 

 

 

7,187,154

 

 

 

6,939,894

 

Less:  accumulated depreciation and amortization

 

 

(4,095,739

)

 

 

(3,452,716

)

 

 

$

3,091,415

 

 

$

3,487,178

 

 

During the years ended December 31, 2021 and 2020, the Company incurred $923,735 and $922,597 of depreciation and amortization expense related to property and equipment, respectively.