Property, Plant & Equipment

3 Months Ended

Mar. 31, 2021

Property, Plant and Equipment [Abstract]

Property, Plant & Equipment

6. Property, Plant & equipment

	March 31, 2021		Accumulated		March 31, 2021
	Cost		Depreciation		Net
Buildings and improvements	$	4,799,742	$	2,873,647	$	1,926,095
Automobiles		180,956		69,450		111,506
Computer hardware		43,609		42,090		1,519
Furniture and fixtures		111,167		102,043		9,124
Office equipment		1,875		1,022		853
Manufacturing equipment		6,252,435		3,715,223		2,537,212
Trailer		9,476		6,920		2,556
Boat		34,400		24,762		9,638
Leasehold improvements		88,872		87,705		1,167
Technology		107,909		107,909		—
Land		453,651		—		453,651
	$	12,084,092	$	7,030,771	$	5,053,321

	December 31, 2020		Accumulated		December 31, 2020
	Cost		Depreciation		Net
Buildings and improvements	$	4,798,370	$	2,836,142	$	1,962,228
Automobiles		180,956		61,266		119,690
Computer hardware		43,593		41,957		1,636
Furniture and fixtures		111,145		101,186		9,959
Office equipment		1,864		971		893
Manufacturing equipment		6,154,425		3,573,748		2,580,677
Trailer		9,422		6,675		2,747
Boat		34,400		24,255		10,145
Leasehold improvements		88,872		87,205		1,667
Technology		107,295		107,295		—
Land		452,399		—		452,399
	$	11,982,741	$	6,840,700	$	5,142,041

Amount of depreciation expense for the three months ended March 31, 2021: $184,855 (2020: $99,948) and is included in cost of sales in the unaudited interim condensed consolidated statements of income and comprehensive income.