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Property and Equipment, Net
 9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

Note 5: Property and Equipment, Net

 

The Company has property and equipment as follows as of September 30, 2021 and December 31, 2020: 

          
         
  

September 30,

2021

  

December 31,

2020

 
Furniture and Equipment  $179,905   $19,419 
Computer Equipment   264,357    168,122 
Leasehold Improvements   43,485    14,182 
Software   115,622    68,152 
Production Equipment   23,017    – 
Property and Equipment, Gross   626,386    269,875 
           
Less Accumulated Depreciation   (227,172)   (174,047)
Property and Equipment, Net  $399,214   $95,828 

 

During the three months ended September 30, 2021 and 2020, the Company recorded depreciation expense of $23,665 and $10,206, respectively. During the nine months ended September 30, 2021 and 2020, the Company recorded depreciation expense of $53,494 and $37,281, respectively.