Annual report pursuant to Section 13 and 15(d)

Fixed Assets, Net (Tables)

v3.20.1
Fixed Assets, Net (Tables)
12 Months Ended
Dec. 31, 2019
Fixed Assets, Net  
Fixed Assets, Net

Fixed Assets consisted of the following:

 

 

 

 

 

 

 

 

 

December 31, 

 

December 31, 

 

    

2019

    

2018

Tooling and Manufacturing Equipment

 

$

5,262,080

 

$

4,199,309

Leaseholds

 

 

773,734

 

 

487,957

Computers and Purchased Software

 

 

824,965

 

 

937,946

Furniture and Equipment

 

 

2,043,355

 

 

1,721,963

 

 

 

8,904,134

 

 

7,347,175

Less: Accumulated Depreciation

 

 

(4,576,458)

 

 

(3,055,485)

Fixed Assets, Net

 

$

4,327,676

 

$

4,291,690