Fixed Assets

6 Months Ended

Jun. 30, 2018

Property, Plant and Equipment [Abstract]

Fixed Assets

Note 5: Fixed Assets

Fixed assets at June 30, 2018 and December 31, 2017 are summarized in the table below:

Description	Useful Life (Years)		June 30,   2018			December 31, 2017
Building		30	$	3,040,000		$	3,040,000
Machinery and Equipment		3 - 7		2,020,151			1,525,643
Furniture and Fixtures		7		126,654			126,654
Automobile		5		9,395			9,395
Leasehold Improvements		7 - 15		284,037			284,037
Total Fixed Assets				5,480,237			4,985,729
Less: Accumulated Depreciation				(1,265,338	)		(959,380	)
Land				460,000			460,000
Construction In Progress - Equipment				3,867,351			2,073,315
Fixed Assets, net			$	8,542,250		$	6,559,664

Depreciation expense for the three months ended June 30, 2018 and 2017 was approximately $154,000 and $159,000, respectively; and for the six months ended June 30, 2018 and 2017, depreciation expense was approximately $306,000 and $323,000, respectively.