Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.21.1
Property and Equipment
 3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT


At March 31, 2021 and December 31, 2020, property and equipment consisted of the following:


    Useful Life  

March 31,

2021

     December 31,
2020		  
Machinery and equipment   5 - 7 years   $ 50,722     $ 50,722  
Furniture and office equipment   3 - 7 years     30,245       30,245  
Vehicles   5 years     55,941       55,941  
Leasehold improvements   3 years     16,701       16,701  
          153,609       153,609  
Less: accumulated depreciation         (137,398 )     (134,926 )
Property and equipment, net       $ 16,211     $ 18,683  

For the three months ended March 21, 2021 and 2020, depreciation and amortization expense is included in general and administrative expenses and amounted to $2,472 and $4,723, respectively.