Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.19.1
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2018
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,  
    2018     2017  
             
Computer Equipment   $ 17,514     $ 114,771  
Computer Software     7,806       40,681  
Office Equipment     39,959       39,959  
Furniture & Fixtures     38,357       38,356  
Machinery & Equipment     1,153,830       1,138,134  
Molds & Dies     645,272       868,570  
Leasehold Improvements     249,960       222,593  
      2,152,698       2,463,064  
Less                
Accumulated Depreciation     2,069,242       2,227,951  
                 
    $ 83,456     $ 235,113  

 

Depreciation expense totaled $63,378 and $78,786 for the years ended December 31, 2018 and 2017, respectively.