Schedule of Property and Equipment |
Property
and equipment are comprised of the following:
Schedule of Property and Equipment
| |
| | | |
| | |
| |
September 30, 2022 | | |
December 31, 2021 | |
Tools and molds | |
$ | 1,990,000 | | |
$ | 1,682,000 | |
Computer equipment | |
| 8,000 | | |
| 8,000 | |
Vehicles | |
| 113,000 | | |
| 45,000 | |
Total cost | |
| 2,111,000 | | |
| 1,735,000 | |
Accumulated depreciation | |
| (954,000 | ) | |
| (577,000 | ) |
Net book value | |
$ | 1,157,000 | | |
$ | 1,158,000 | |
|
Property
and equipment consist of the following at December 31, 2021 and 2020:
Schedule of Property and Equipment
| |
| | | |
| | |
| |
2021 | | |
2020 | |
| |
| | |
| |
Tools and molds | |
$ | 1,682,000 | | |
$ | 592,000 | |
Office equipment | |
| 8,000 | | |
| 4,000 | |
Vehicles | |
| 45,000 | | |
| 45,000 | |
Total cost | |
| 1,735,000 | | |
| 641,000 | |
Less: accumulated depreciation and amortization | |
| (577,000 | ) | |
| (278,000 | ) |
Property and equipment, net | |
$ | 1,158,000 | | |
$ | 363,000 | |
|