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Property and Equipment | 6 Months Ended
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Jun. 30, 2022
Property, Plant and Equipment [Abstract] |
Property and Equipment | Note 6. Property and Equipment The following table sets forth the components of the Company’s property and equipment at June 30, 2022 and December 31, 2021:
Schedule of property and equipment, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | June 30, 2022 |  |  | December 31, 2021 |
|  | Gross Carrying Amount |  |  | Accumulated Depreciation |  |  | Net Book Value |  |  | Gross Carrying Amount |  |  | Accumulated Depreciation |  |  | Net Book Value |
Office furniture and equipment |  | $ | 14,998 |  |  | $ | 4,956 |  |  | $ | 10,042 |  |  | $ | 14,998 |  |  | $ | 4,000 |  |  | $ | 10,998 |
Vehicles |  |  | 36,432 |  |  |  | 22,466 |  |  |  | 13,966 |  |  |  | 48,248 |  |  |  | 26,306 |  |  |  | 21,942 |
Precious metal extraction machine- 1 ton |  |  | 2,280,000 |  |  |  | 285,000 |  |  |  | 1,995,000 |  |  |  | 2,280,000 |  |  |  | 228,000 |  |  |  | 2,052,000 |
Precious metal extraction machine- 10 ton |  |  | 5,320,000 |  |  |  | 665,000 |  |  |  | 4,655,000 |  |  |  | 5,320,000 |  |  |  | 532,000 |  |  |  | 4,788,000 |
Construction in process: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Bioreactors |  |  | 1,440,000 |  |  |  | – |  |  |  | 1,440,000 |  |  |  | 1,440,000 |  |  |  | – |  |  |  | 1,440,000 |
Nanosponge/Cavitation device |  |  | 22,103 |  |  |  | – |  |  |  | 22,103 |  |  |  | 22,103 |  |  |  | – |  |  |  | 22,103 |
Remediation Processing Unit 1 |  |  | 6,150,506 |  |  |  | – |  |  |  | 6,150,506 |  |  |  | 6,249,082 |  |  |  | – |  |  |  | 6,249,082 |
Remediation Processing Unit 2 |  |  | 5,489,760 |  |  |  | – |  |  |  | 5,489,760 |  |  |  | 5,201,098 |  |  |  | – |  |  |  | 5,201,098 |
Remediation Processing Unit System A |  |  | 3,127,669 |  |  |  | – |  |  |  | 3,127,669 |  |  |  | 2,561,467 |  |  |  | – |  |  |  | 2,561,467 |
Remediation Processing Unit System B |  |  | 2,974,884 |  |  |  | – |  |  |  | 2,974,884 |  |  |  | 2,345,421 |  |  |  | – |  |  |  | 2,345,421 |
Total fixed assets |  | $ | 26,856,352 |  |  | $ | 977,422 |  |  | $ | 25,878,930 |  |  | $ | 25,482,417 |  |  | $ | 790,306 |  |  | $ | 24,692,111 |
For the year ended December 31, 2021 the Company issued 5,413 shares of Series C-1 Preferred Stock value at $64,950 for equipment, which has been valued based on similar cash purchases of the Series C-1 Preferred Stock at approximately $12.00 per share. For the six months ended June 30, 2022 and 2021 depreciation expense was $195,387 and $5,781. For the six months ended June 30, 2022 and 2021 capitalized interest to equipment from debt financing was $256,235 and $822,700. Equipment that is currently being manufactured is considered construction in process and is not depreciated until the equipment is placed into service.

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- 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 https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://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 https://asc.fasb.org/extlink&oid=126982197&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 https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
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