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PROPERTY AND EQUIPMENT, NET | 12 Months Ended
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Dec. 31, 2022
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT, NET | NOTE 6 — PROPERTY AND EQUIPMENT, NET Property and equipment, net consisted of the following at December 31, 2022 and December 31, 2021: SCHEDULE OF PROPERTY AND EQUIPMENT
|  | December 31, |  |  | December 31, |
|  | 2022 |  |  | 2021 |
Machinery and equipment |  | $ | 2,510,148 |  |  | $ | 2,482,841 |
Computer equipment |  |  | 395,836 |  |  |  | 345,117 |
Leasehold improvements |  |  | 333,271 |  |  |  | 333,271 |
Molds and tooling |  |  | 260,002 |  |  |  | 260,002 |
Furniture and fixtures |  |  | 144,832 |  |  |  | 143,013 |
Equipment held for lease |  |  | 1,399,444 |  |  |  | 1,181,211 |
Property and equipment, gross |  |  | 5,043,533 |  |  |  | 4,745,455 |
Accumulated depreciation |  |  | (4,623,446 | ) |  |  | (4,541,238 | )
Fixed asset impairment |  |  | (75,000 | ) |  |  | — |
Property and equipment, net |  | $ | 345,087 |  |  | $ | 204,217 |
Depreciation expense relating to property and equipment was approximately $92,000 and $73,000 for the years ended December 31, 2022 and 2021, respectively. Upon termination of the Sekisui Distribution Agreement on March 31, 2022, the Company had a commitment to purchase leased FastPack rental systems back from Sekisui at Sekisui’s net book value, which was determined to be approximately $154,000. This amount is included in equipment held for lease in the table above and in accrued expenses at December 31, 2022. An assignment agreement is to be executed by both parties to legally transfer title to this equipment from Sekisui to Qualigen.

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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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