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Property and Equipment
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 8 – PROPERTY AND EQUIPMENT

Property and equipment consist of the following:

 

 

 

December 31,
2022

 

 

December 31,
2021

 

Computers and peripherals

 

$

458,309

 

 

$

535,807

 

Furniture and office equipment

 

 

1,002,773

 

 

 

1,009,238

 

Marine equipment

 

 

6,675,944

 

 

 

4,057,870

 

Right to use asset, net

 

 

300,025

 

 

 

461,109

 

 

 

 

8,437,051

 

 

 

6,064,024

 

Less: Accumulated depreciation

 

 

(5,390,559

)

 

 

(5,584,881

)

Property and equipment, net

 

$

3,046,492

 

 

$

479,143

 

 

See Lease commitment in Note 16 Commitments and Contingencies – Commitments and Contingencies for further information on right to use asset, net.