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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

 

8.PROPERTY AND EQUIPMENT

 

  December 31,  Estimated 
  2020  2019  Useful Life (years) 
Machinery and equipment $3,964,491  $3,829,592   5 to 7 
Computer equipment  4,179,087   4,179,087   5 
Furniture and fixtures  709,350   709,350   7 
Automobiles and trucks  13,162   13,162   5 
Leasehold improvements  2,585,762   2,573,874    Lesser of lease term or 10 years 
       Total gross property and equipment  11,451,852   11,305,065     
Less accumulated depreciation and amortization  (8,930,110  (8,022,126    
       Total property and equipment, net $2,521,742  $3,282,939     

 

Depreciation and amortization expense for the years ended December 31, 2020 and 2019 was $907,986 and $999,063, respectively.

 

During the years ended December 31, 2020 and 2019, the Company acquired $134,900 and $399,800, respectively, of property and equipment under capital leases.