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PROPERTY, PLANT, AND EQUIPMENT
3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT, AND EQUIPMENT

 

NOTE 4. PROPERTY, PLANT, AND EQUIPMENT

 

The following table sets forth the components of the Company’s property and equipment on March 31, 2022, and December 31, 2021:

                              
   March 31, 2022   December 31, 2021 
   Gross Carrying Amount   Accumulated Depreciation   Net Book Value   Gross Carrying Amount   Accumulated Depreciation   Net Book Value 
Computers, software, and office equipment  $11,316   $(6,138)  $5,178   $11,154   $(5,122)  $6,032 
Plant equipment   16,578        16,578             
                               
Total fixed assets  $27,894   $(6,138)  $21,756   $11,154   $(5,122)  $6,032 

 

For the years ended March 31, 2022, and 2021, the Company recorded depreciation expense of $942 and $408 respectively.