Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.20.1
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 5 – Property, Plant and Equipment

 

Property, plant and equipment consists of the following:

 

    December 31,  
    2019     2018  
Computer Equipment   $ 17,514     $ 17,514  
Computer Software     7,806       7,806  
Office Equipment     39,959       39,959  
Furniture & Fixtures     38,357       38,357  
Machinery & Equipment     1,138,004       1,153,830  
Molds & Dies     645,272       645,272  
Leasehold Improvements     249,960       249,960  
      2,136,872       2,152,698  
Less                
Accumulated Depreciation     2,103,298       2,069,242  
                 
    $ 33,574     $ 83,456  


 

Depreciation expense totaled $34,056 and $63,378 for the years ended December 31, 2019 and 2018, respectively.