XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.21.2

PROPERTY, PLANT & EQUIPMENT | 6 Months Ended
--- | ---
Jun. 30, 2021
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT & EQUIPMENT | 6. PROPERTY, PLANT & EQUIPMENT SCHEDULE OF PROPERTY, EQUIPMENT AND LEASEHOLDS
|  | Cost |  |  | Accumulated Depreciation |  |  | Net |
|  | June 30, 2021 |  |  | Accumulated |  |  | June 30, 2021 |
|  | Cost |  |  | Depreciation |  |  | Net |
Buildings and improvements |  | $ | 4,808,476 |  |  | $ | 2,911,382 |  |  | $ | 1,897,094 |
Automobiles |  |  | 180,956 |  |  |  | 77,635 |  |  |  | 103,321 |
Computer hardware |  |  | 43,666 |  |  |  | 42,249 |  |  |  | 1,417 |
Furniture and fixtures |  |  | 111,249 |  |  |  | 103,251 |  |  |  | 7,998 |
Office equipment |  |  | 1,915 |  |  |  | 1,089 |  |  |  | 826 |
Manufacturing equipment |  |  | 6,600,677 |  |  |  | 3,871,740 |  |  |  | 2,728,937 |
Trailer |  |  | 9,679 |  |  |  | 7,280 |  |  |  | 2,399 |
Boat |  |  | 34,400 |  |  |  | 25,270 |  |  |  | 9,130 |
Leasehold improvements |  |  | 88,872 |  |  |  | 88,205 |  |  |  | 667 |
Technology |  |  | 110,218 |  |  |  | 110,218 |  |  |  | — |
Land |  |  | 458,349 |  |  |  | — |  |  |  | 458,349 |
|  | $ | 12,448,457 |  |  | $ | 7,238,319 |  |  | $ | 5,210,138 |
|  | Cost |  |  | Accumulated Depreciation |  |  | Net |
|  | December 31, 2020 |  |  | Accumulated |  |  | December 31, 2020 |
|  | Cost |  |  | Depreciation |  |  | Net |
Buildings and improvements |  | $ | 4,798,370 |  |  | $ | 2,836,142 |  |  | $ | 1,962,228 |
Automobiles |  |  | 180,956 |  |  |  | 61,266 |  |  |  | 119,690 |
Computer hardware |  |  | 43,593 |  |  |  | 41,957 |  |  |  | 1,636 |
Furniture and fixtures |  |  | 111,145 |  |  |  | 101,186 |  |  |  | 9,959 |
Office equipment |  |  | 1,864 |  |  |  | 971 |  |  |  | 893 |
Manufacturing equipment |  |  | 6,154,425 |  |  |  | 3,573,748 |  |  |  | 2,580,677 |
Trailer |  |  | 9,422 |  |  |  | 6,675 |  |  |  | 2,747 |
Boat |  |  | 34,400 |  |  |  | 24,255 |  |  |  | 10,145 |
Leasehold improvements |  |  | 88,872 |  |  |  | 87,205 |  |  |  | 1,667 |
Technology |  |  | 107,295 |  |  |  | 107,295 |  |  |  | — |
Land |  |  | 452,399 |  |  |  | — |  |  |  | 452,399 |
|  | $ | 11,982,741 |  |  | $ | 6,840,700 |  |  | $ | 5,142,041 |
Amount of depreciation expense for the six months ended June 30, 2021: $383,631 (2020: $193,282) and is included in cost of sales in the unaudited interim condensed consolidated statements of operations and comprehensive income.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration