Property and Equipment

9 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 3. Property and Equipment

Property and equipment consisted of the following as of:

	September 30, 2024			December 31, 2023
Land		1,778,987			1,778,987
Building & Building Improvements		11,509,613			9,146,556
Computer equipment		1,291,582			1,233,989
Furniture and office equipment		308,002			295,208
Machinery and equipment		4,366,452			2,865,014
STEP equipment		2,451,916			2,241,291
Leasehold improvements		358,584			358,584
Construction in Progress		3,000			2,456,259
Total property and equipment		22,068,136			20,375,888
Less: Accumulated depreciation and amortization		(5,716,703	)		(4,888,876	)
Property and equipment, net		16,351,433			15,487,012

Depreciation expenses, including STEP depreciation, were $827,828 and $682,784 for the nine months ended September 30, 2024, and 2023, respectively.

VIRTRA, INC.

NOTES TO FINANCIAL STATEMENTS

(Unaudited)