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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2023
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 5. PROPERTY AND EQUIPMENT

 

 Property and equipment consist of the following at:

 

 

 

December 31, 2023

 

 

December 31, 2022

 

Furniture and fixtures

 

$364,819

 

 

$364,819

 

Equipment

 

 

2,269,185

 

 

 

2,236,510

 

Vehicles

 

 

66,170

 

 

 

60,703

 

Computer and software

 

 

306,556

 

 

 

246,638

 

Leasehold improvements

 

 

393,381

 

 

 

393,381

 

Tenant Improvement Allowance 

 

 

405,000

 

 

 

405,000

 

 

 

 

 

 

 

 

 

 

Total Property and Equipment

 

 

3,805,111

 

 

 

3,707,051

 

Less: Accumulated depreciation

 

 

2,756,469

 

 

 

2,371,720

 

Property and Equipment, net

 

$1,048,642

 

 

$1,335,331

 

For the years ended December 31, 2023 and 2022, depreciation was $345,556 and $314,669, respectively. For the years ended December 31, 2023 and 2022, amortization of tenant improvement allowance was $39,194 and was recorded as lease expense and included within general and administrative expense on the consolidated statement of operations.