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, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE E – PROPERTY AND EQUIPMENT

 

The Company’s property and equipment as of December 31, 2022 and 2021 consists of the following:  

               
    December 31, 2022     December 31, 2021  
Computer Hardware   $ 63,953     $ 66,685  
Computer Software     76,134       76,134  
Furniture & Fixtures     412,889       330,568  
Leasehold Improvements     18,016       18,016  
Machinery & Equipment     16,461       16,461  
Total     587,453       507,864  
Accumulated Depreciation     (461,357 )     (423,663 )
Total Property and Equipment   $ 126,096     $ 84,201  

 

Depreciation and amortization expense included as a charge to income was $43,832 and $43,471 for the years ended December 31, 2022 and 2021, respectively.