Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.22.2.2
PROPERTY AND EQUIPMENT
 6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

 

At June 30, 2022 and December 31, 2021, property and equipment, net of fully depreciated assets, consisted of the following:

                 
    June 30, 2022     December 31, 2021  
Office furniture and fixtures   $ 95,917     $ 16,969  
Computer equipment     68,874       67,458  
Rental equipment     47,906       53,296  
Leasehold improvements     32,118       -  
Appliques     2,160,096       2,160,096  
Website development     519,950       247,541  
                 
Less accumulated depreciation     (1,681,230 )     (1,502,501 )
                 
Total   $ 1,243,631     $ 1,042,859  

 

Depreciation expense was $199,065 and $134,448 for the six months ended June 30, 2022 and 2021, respectively. For the year ended December 31, 2021, depreciation expense was $292,102.