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Property, Plant and Equipment, Net (Tables)
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

Property, plant and equipment consist of the following:

 

 

 

Useful life

 

As of

 

 

 

(years)

 

June 30,
2022

 

 

December 31,
2021

 

Land

 

N/A

 

$

461,741

 

 

$

469,317

 

Building

 

25

 

 

5,339,300

 

 

 

5,509,403

 

Computer equipment

 

3-5

 

 

395,020

 

 

 

262,320

 

Computer software

 

1

 

 

285,914

 

 

 

277,717

 

Manufacturing equipment

 

2-5

 

 

22,760,585

 

 

 

17,762,405

 

Office furniture

 

5-7

 

 

518,285

 

 

 

525,961

 

Enterprise Resource Planning software

 

5

 

 

207,740

 

 

 

211,149

 

Leasehold Improvements

 

5

 

 

1,391,432

 

 

 

236,251

 

Assets under construction

 

N/A

 

 

10,957,417

 

 

 

8,872,695

 

 

 

 

 

 

42,317,434

 

 

 

34,127,218

 

Accumulated depreciation and impairment

 

 

 

 

(8,610,287

)

 

 

(7,109,104

)

 

 

 

 

$

33,707,147

 

 

$

27,018,114