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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2020
Property, plant and equipment [Abstract]  
Property, plant and equipment

6.

Property, plant and equipment

 

Property, plant and equipment are stated at cost less accumulated depreciation and amortization and depreciated using the straight-line method over their useful lives. At December 31, 2020 and 2019, the Company’s property, plant and equipment, net consisted of the following:

 


 

 

2020

 

 

2019

 


Computer equipment and software

 

$

73,991

 

 

$

18,862

 


Furniture and other equipment

 

 

11,593

 

 

 

1,885

 


Leasehold improvements



6,071




Equipment and machinery

1,127,647




Automobiles

4,638




Building held for lease

501,336




Laboratory and temporary units

1,016,238




      Property, plant and equipment

 

 

2,741,514

 

 

 

20,747

 


Less: accumulated depreciation

 

 

(58,500

)

 

 

(9,000

)


      Property, plant and equipment, net

 

$

2,683,014

 

 

$

11,747

 

 

Depreciation expense for the years ended December 31, 2020 and 2019 amounted to $50,655 and $9,621, respectively.