PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

4. PROPERTY AND EQUIPMENT

Property and equipment consists of the following assets which are located in Calgary, Canada and placed in service by Enveric Biosciences Canada, Inc (“EBCI”), with all amounts translated into U.S. dollars:

	June 30, 2022			December 31, 2021
Lab equipment	$	863,650		$	310,957
Computer equipment		16,154			10,818
Less: Accumulated depreciation		(96,348	)		(27,345	)
Property and equipment, net of accumulated depreciation	$	783,456		$	294,430

Depreciation expense was $43,315 and $— for the three months ended June 30, 2022 and 2021, respectively. Depreciation expense was $70,392 and $— for the six months ended June 30, 2022 and 2021, respectively.