PROPERTY, EQUIPMENT & LEASEHOLDS

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

PROPERTY, EQUIPMENT & LEASEHOLDS

6. PROPERTY, EQUIPMENT & LEASEHOLDS

	June 30, 2022		Accumulated		June 30, 2022
	Cost		Depreciation		Net
Buildings and improvements	$	8,643,465	$	3,051,682	$	5,591,783
Automobiles		196,255		89,156		107,099
Computer hardware		43,561		42,595		966
Furniture and fixtures		130,596		110,642		19,954
Office equipment		1,842		1,207		635
Manufacturing equipment		7,218,063		4,461,725		2,756,338
Trailer		9,309		7,694		1,615
Boat		34,400		27,096		7,304
Leasehold improvements		88,872		88,872		—
Technology		106,010		106,010		—
Land		384,027		—		384,027
	$	16,856,400	$	7,986,679	$	8,869,721

	December 31, 2021		Accumulated		December 31, 2021
	Cost		Depreciation		Net
Buildings and improvements	$	4,823,708	$	2,983,589	$	1,840,119
Automobiles		196,255		71,258		124,997
Computer hardware		43,605		42,456		1,149
Furniture and fixtures		130,658		106,101		24,557
Office equipment		1,872		1,155		717
Manufacturing equipment		6,867,799		4,171,699		2,696,100
Trailer		9,463		7,532		1,931
Boat		34,400		26,284		8,116
Leasehold improvements		88,872		88,872		—
Technology		107,759		107,759		—
Land		234,027		—		234,027
	$	12,538,418	$	7,606,705	$	4,931,713

Amount of depreciation expense for the six months ended June 30, 2022 was $384,058 (2021: $383,631) and is included in cost of sales in the unaudited condensed interim consolidated statements of operations and comprehensive income.