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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2021
PROPERTY AND EQUIPMENT  
Property And Equipment

NOTE 4. - PROPERTY AND EQUIPMENT

 

Property and equipment consists of:

 

 

 

 

 

December 31,

 

 

 

Depreciable Lives

 

2021

 

 

2020

 

Software

 

3 years

 

$72,834

 

 

$72,834

 

Equipment

 

3 to 10 years

 

 

155,635

 

 

 

142,129

 

Furniture and fixtures

 

5 to 7 years

 

 

17,735

 

 

 

17,735

 

 

 

 

 

 

246,204

 

 

 

232,698

 

Accumulated depreciation

 

 

 

 

(205,066)

 

 

(184,499)

 

 

 

 

$41,138

 

 

$48,199

 

 

Depreciation expense was $20,567 and $6,025 for the years ended December 31, 2021 and 2020, respectively.