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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

 

  6. PROPERTY AND EQUIPMENT

    December 31,     Estimated  
    2021     2020     Useful Life (years)  
Machinery and equipment   $ 3,978,662     $ 3,964,491     5 to 7  
Computer equipment     4,191,040       4,179,087     5  
Furniture and fixtures     709,350       709,350     7  
Automobiles and trucks     13,162       13,162     5  
Leasehold improvements     2,588,826       2,585,762      Lesser of lease term or 10 years  
Total gross property and equipment     11,481,040       11,451,852        
Less accumulated depreciation and amortization     (9,834,177 )     (8,930,110 )      
Total property and equipment, net   $ 1,646,863     $ 2,521,742        

 

Depreciation and amortization expense for the years ended December 31, 2021 and 2020 was $904,067 and $907,984, respectively.

 

During the years ended December 31, 2021 and 2020, the Company acquired $0 and $134,900, respectively, of property and equipment under capital leases. The assets acquired under capital lease as of December 31, 2021 and 2020, are as follows:

 

   December 31, 
   2021   2020 
Machinery and equipment  $1,114,044   $1,114,044 
Computer equipment   527,188    527,188 
Leasehold improvements   399,800    399,800 
Total assets acquired under capital lease   2,041,032    2,041,032 
Less accumulated depreciation and amortization   (1,439,073)   (1,079,666)
Total assets acquired under capital lease, net  $601,959   $961,366