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

 

Property and equipment, net consists of the following:

 

   June 30,   December 31, 
   2022   2021 
         
Furniture, fixtures and equipment  $588,624   $588,624 
Tooling and testing equipment   338,572    338,572 
Parking lots   365,707    365,707 
Leasehold improvements   134,014    134,014 
Motor vehicles   49,166    49,166 
           
Property and equipment, gross   1,476,083    1,476,083 
Accumulated depreciation   (772,520)   (643,984)
           
Property and equipment, net  $703,563   $832,099 

 

Depreciation expense for the six months ended June 30, 2022 and 2021 was $128,536 and $192,401, respectively.