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Property and Equipment
 6 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

  

June 30,

2019

(Unaudited) 

  

December 31,

2018

 
Production tooling, jigs, fixtures  $70,749   $70,749 
Shop equipment and machinery   2,971,381    2,808,928 
Vehicles   188,597    188,597 
Leasehold improvements   380,544    276,901 
Office equipment   159,269    134,995 
Software   102,690    102,690 
Total property and equipment, cost   3,873,230    3,582,860 
Less: accumulated depreciation and amortization   (1,755,324)   (1,460,103)
Property and equipment, net  $2,117,906   $2,122,757 

 

Depreciation and amortization expense on property and equipment for the three months ended June 30, 2019 and June 30, 2018 was $151,959 and $78,598, respectively. During the three months ended June 30, 2019 and June 30, 2018, $141,759 and $69,785, respectively, of the depreciation expense was included in the balance of cost of sales.

 

Depreciation and amortization expense on property and equipment for the six months ended June 30, 2019 and June 30, 2018 was $295,221 and $154,947, respectively. During the six months ended June 30, 2019 and June 30, 2018, $275,533 and $137,403, respectively, of the depreciation expense was included in the balance of cost of sales.