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PROPERTY, PLANT, AND EQUIPMENT
12 Months Ended
Dec. 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 December 31, 2022, and December 31, 2021: 

                              
   December 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 and plant equipment  $125,786   $(18,006)  $107,780   $11,154   $(5,122)  $6,032 
Total fixed assets  $125,786   $(18,006)  $107,780   $11,154   $(5,122)  $6,032 

 

For the years ended December 31, 2022, and 2021, the Company recorded depreciation expense of $12,844 and $2,708 respectively, related to these fixed assets.