XML 30 R14.htm IDEA: XBRL DOCUMENT
v3.23.1

PROPERTY, PLANT AND EQUIPMENT | 12 Months Ended
--- | ---
Dec. 31, 2022
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT | NOTE 7. PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following at December 31, 2022 and 2021: SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT
|  | Estimated Useful Life |  | December 31, 2022 |  |  | December 31, 2021 |
Building |  | 25 years |  | $ | 4,537,037 |  |  | $ | 4,909,478 |
Land |  | Infinite |  |  | 739,734 |  |  |  | 789,734 |
Office furniture, fixtures, equipment, and aircraft |  | 3-20 years |  |  | 2,048,169 |  |  |  | 493,652 |
Warehouse and production equipment |  | 3-7 years |  |  | 51,302 |  |  |  | 65,948 |
Demonstration and tradeshow equipment |  | 3-7 years |  |  | 72,341 |  |  |  | 82,337 |
Building improvements |  | 5-7 years |  |  | 1,334,374 |  |  |  | 911,940 |
Rental equipment |  | 1-3 years |  |  | — |  |  |  | 8,584 |
Total cost |  |  |  |  | 8,782,957 |  |  |  | 7,261,673 |
Less: accumulated depreciation and amortization |  |  |  |  | (884,271 | ) |  |  | (420,647 | )
Net property, plant and equipment |  |  |  | $ | 7,898,686 |  |  | $ | 6,841,026 |
Depreciation and amortization of property, plant and equipment aggregated $614,121 and $258,999 for the years ended December 31, 2022 and 2021, respectively. The cost and accumulated depreciation related to assets sold or retired are removed from the accounts and any gain or loss is credited or charged to income. The Company retired fixed assets during 2022 totaling $549,104 resulting in a gain on sale of assets of $212,831 for the year ended December 31, 2022 on the Company’s Consolidated Statement of Operations. The Company retired fixed assets during 2021 totaling $391,535 all of which were fully depreciated resulting in no gain or loss for the year ended December 31, 2021.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration