Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.21.2
PROPERTY AND EQUIPMENT
 9 Months Ended
Sep. 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 September 30, 2021 and December 31, 2020:

 

 

 

September 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

 

 

 (85,140 )

 

 

 (63,930 )

 

 

 $ 109,411

 

 

 $ 128,605

 

 

Depreciation expense charged to operations amounted to $6,663 and $21,211, respectively, for the three and nine months ended September 30, 2021; and $7,084 and $21,258, respectively, for the three and nine months ended September 30, 2020.