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Property and Equipment
12 Months Ended
Dec. 31, 2023
Property and Equipment  
Property and Equipment

Note 5: Property and Equipment

 

A summary of property and equipment as of December 31, 2023 and 2022 is as follows:

 

 

 

2023

 

 

2022

 

Equipment

 

$4,386,430

 

 

$4,351,558

 

Leasehold improvements

 

 

3,130,430

 

 

 

3,116,030

 

Construction and equipment in progress

 

 

-

 

 

 

63,097

 

Total before depreciation and amortization

 

 

7,516,860

 

 

 

7,530,685

 

Less accumulated depreciation and amortization

 

 

(3,196,993)

 

 

(2,817,477)

Net property and equipment

 

$4,319,867

 

 

$4,713,208