Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.21.2
PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2021
PROPERTY AND EQUIPMENT  
NOTE 5 - PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

 

The Company’s property and equipment consisted of the following at June 30, 2021 and December 31, 2020:

 

 

June 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Office equipment

 

$ 45,519

 

 

$ 43,503

 

Computer equipment

 

 

5,544

 

 

 

5,544

 

Manufacturing equipment

 

 

101,200

 

 

 

101,200

 

Leasehold improvement

 

 

42,288

 

 

 

42,288

 

 

 

 

194,551

 

 

 

192,535

 

Less accumulated depreciation

 

 

(78,478 )

 

 

(63,930 )

 

 

$ 116,073

 

 

$ 128,605

 

 

Depreciation expense charged to operations amounted to $8,965 and $14,548, respectively, for the three and six months ended June 30, 2021; and $8,799 and $14,174, respectively, for the three and six months ended June 30, 2020.