Property and Equipment

6 Months Ended

Jun. 30, 2022

Property and Equipment

Note 5 - Property and Equipment

Note 5 – Property and Equipment

Property and equipment consist of the following:

	June 30, 2022			December 31, 2021
	(Unaudited)
Computer equipment and software	$	114,953		$	114,953
Furniture and fixtures		26,686			26,686
Automobiles		123,902			123,902
Leasehold improvements		40,053			40,053
Total		305,594			305,594
Less: accumulated depreciation and amortization		(229,876	)		(219,551	)
Property and equipment, net	$	75,718		$	86,043

Depreciation expense totaled $5,163 and $12,162 for the three months ended June 30, 2022 and 2021, respectively.

Depreciation expense totaled $10,325 and $27,825 for the six months ended June 30, 2022 and 2021, respectively.

In May 2021, the Company determined that it would be more beneficial to outsource to the third-party manufacturers the production of its branded and OEM products rather than manufacturing through its Nevada factory. As a result, the Company disposed of its machinery for $7,700 which resulted in $268,800 of loss on disposal of equipment for the three and six months ended June 30, 2021.