PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 5. 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:

	September 30, 2023			December 31, 2022
Lab equipment	$	818,460		$	831,123
Computer equipment and leasehold improvements		27,759			25,137
Less: Accumulated depreciation		(307,067	)		(178,775	)
Property and equipment, net of accumulated depreciation	$	539,152		$	677,485

Depreciation expense was $44,105 and $44,458 for the three months ended September 30, 2023, and 2022, respectively. Depreciation expense was $132,734 and $114,850 for the nine months ended September 30, 2023 and 2022, respectively.