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PROPERTY, PLANT AND EQUIPMENT, NET
 9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 10 – PROPERTY, PLANT AND EQUIPMENT, NET

 

Property, plant and equipment, net consisted of the following as of September 30, 2023 and December 31, 2022:

 

   2023   2022 
Building  $1,874,049   $1,874,049 
Land   2,700,000    2,700,000 
Building improvements   1,010,218    1,010,218 
Leasehold improvements   1,537,775    1,537,775 
Autos and trucks   178,695    178,695 
Computer and equipment   1,821,819    1,821,819 
Furniture and fixtures   411,801    411,801 
Property, plant and equipment, gross   9,534,357    9,534,357 
Accumulated depreciation   (4,765,642)   (4,419,558)
Property, plant and equipment, net  $4,768,715   $5,114,799 

 

Depreciation and amortization expense was $112,914 and $128,536 for the three months ended September 30, 2023 and 2022, respectively. Depreciation and amortization expense was $346,084 and $435,644 for the nine months ended September 30, 2023 and 2022, respectively. The Company did not have any disposals during the nine months ended September 30, 2023. During the nine months ended September 30, 2022, the Company disposed of $11,615 in computer equipment with an accumulated depreciation of $9,182; and sold a vehicle for $19,500 that was purchased for $88,398 and fully depreciated at the time of sale. The total gain resulting from the disposal of the assets amounted to $17,067. The Company’s subsidiary, Donkey Crew, LLC, held net property, plant and equipment outside of the United States in the amount of $5,166 and $13,569, as of September 30, 2023 and December 31, 2022, respectively.