Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.21.2
PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

NOTE 4 PROPERTY AND EQUIPMENT

 

Property and equipment is summarized as follows:

 

   

June 30, 2021

   

December 31, 2020

 

Leasehold improvements

  $ 98,831     $ 165,701  

Equipment, furniture and fixtures

    3,263,348       2,900,252  
      3,362,179       3,065,953  

Less: Accumulated depreciation and amortization

    (2,700,532

)

    (2,542,913

)

                 

Property and equipment, net

  $ 661,647     $ 523,040  

 

Depreciation and amortization expense related to these assets was $79,317 and $157,619, respectively, for the three and six months ended June 30, 2021 as compared to $81,070 and $165,633 for the three and six months ended June 30, 2020.