Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.21.2
PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 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:

 

   

September 30, 2021

   

December 31, 2020

 

Leasehold improvements

  $ 165,701     $ 165,701  

Equipment, furniture and fixtures

    3,302,130       2,900,252  
      3,467,831       3,065,953  

Less: Accumulated depreciation and amortization

    (2,791,453

)

    (2,542,913

)

                 

Property and equipment, net

  $ 676,378     $ 523,040  

 

Depreciation and amortization expense related to these assets was $90,921 and $248,540, respectively, for the three and nine months ended September 30, 2021 as compared to $74,846 and $240,479 for the three and nine months ended September 30, 2020.