Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.23.1
Property and Equipment
12 Months Ended
Dec. 31, 2022
Property and Equipment  
Property and Equipment

Note 4 — Property and Equipment

Property and equipment, net consisted of the following:

December 31, 

    

2022

    

2021

Machinery and equipment

$

233,431

$

93,811

Building leasehold improvements

 

10,245

 

10,245

Furniture, fixtures, software and IT equipment

 

98,793

 

62,884

 

342,469

 

166,940

Accumulated depreciation and amortization

 

(142,366)

 

(110,782)

$

200,103

$

56,158

Depreciation expense amounted to $37,769 and $25,234 for the years ended December 31, 2022 and 2021, respectively. During the year ended December 31, 2022, the Company wrote-off $937 in property and equipment.