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PROPERTY, PLANT AND EQUIPMENT
 3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

NOTE 8. PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment consisted of the following at March 31, 2023 and December 31, 2022:

 

   Estimated
Useful Life		 

March 31,

2023

  

December 31,

2022

 
Building  25 years  $4,537,037   $4,537,037 
Land  Infinite   739,734    739,734 
Office furniture, fixtures, equipment, and aircraft  3-20 years   2,072,295    2,048,169 
Warehouse and production equipment  3-7 years   51,302    51,302 
Demonstration and tradeshow equipment  3-7 years   72,341    72,341 
Building improvements  5-7 years   1,334,374    1,334,374 
Total cost      8,807,083    8,782,957 
Less: accumulated depreciation and amortization      (1,056,371)   (884,271)
              
Net property, plant and equipment     $7,750,712   $7,898,686 

 

Depreciation expense for the three months ended March 31, 2023 and March 31, 2022 was $171,631 and $135,438, respectively, and is included in general and administrative expenses.