Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.20.1
PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2020
PROPERTY AND EQUIPMENT  
Note 5 - PROPERTY AND EQUIPMENT

The Company's property and equipment consisted of the following at March 31, 2020 and December 31, 2019:

 

 

 

March 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Office equipment

 

$ 43,503

 

 

$ 43,503

 

Computer equipment

 

 

5,544

 

 

 

5,544

 

Manufacturing equipment

 

 

98,373

 

 

 

98,373

 

Leasehold improvement

 

 

35,888

 

 

 

35,888

 

 

 

 

183,308

 

 

 

183,308

 

Less accumulated depreciation

 

 

(42,097 )

 

 

(35,008 )

 

 

$ 141,211

 

 

$ 148,300

 

 

Depreciation expense charged to operations amounted to $5,375 and $2,194, for the three months ended March 31, 2020 and 2019, respectively.