Note 4 - Property and Equipment, Net

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

4. Property and Equipment, Net

Components of property and equipment, net, consist of the following as of September 30, 2022 and December 31, 2021:

	September 30,			December 31,
	2022			2021
Furniture and fixtures	$	60,082		$	41,799
Leasehold improvements		40,112			28,112
Machinery & equipment		144,406			86,266
Vehicles		252,725			252,724
Test/Demo vehicles		15,784			15,784
Total property and equipment		513,108			424,685
Less accumulated depreciation		(207,491	)		(152,572	)
Net property and equipment	$	305,617		$	272,113

Depreciation expense was $19,093 and $7,655 and was $56,700 and $43,031 for the three and nine months ended September 30, 2022 and 2021, respectively.