Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT, NET

v3.23.3
PROPERTY AND EQUIPMENT, NET
9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

Note 5. PROPERTY AND EQUIPMENT, NET

 

Property and equipment are summarized below:

  

    September 30, 2023     December 31, 2022  
             
Lab equipment   $ 649,499     $ 462,155  
Computers and software     68,682       21,463  
Leasehold improvements     9,941        
Vehicles     119,990        
Property and equipment, gross     848,112       483,617  
Accumulated depreciation     (335,960 )     (269,180 )
Total property and equipment, net   $ 512,152     $ 214,438  

 

Depreciation expense was approximately $66,800 and $2,900 for the nine months ended and $23,500 and $800 for the three months ended September 30, 2023 and 2022, respectively