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Property and Equipment
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 3. Property and Equipment

 

Property and equipment consisted of the following as of:

 

   March 31, 2023   December 31, 2022 
Land  $1,778,987   $1,778,987 
Building & Building Improvements   9,129,364    9,129,364 
Computer equipment   1,209,371    1,210,021 
Furniture and office equipment   302,173    289,379 
Machinery and equipment   2,787,932    2,788,803 
STEP equipment   2,002,083    1,954,430 
Leasehold improvements   347,384    347,384 
Construction in Progress   1,853,847    1,749,332 
           
Total property and equipment   19,411,141    19,247,700 
Less: Accumulated depreciation and amortization   (4,202,265)   (3,980,567)
           
Property and equipment, net  $15,208,876   $15,267,133 

 

Depreciation expenses, including STEP depreciation, were $223,781 and $195,031 for the three months ended March 31, 2023, and 2022, respectively.