PROPERTY AND EQUIPMENT

3 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

The following table sets forth the components of the Company’s property and equipment at March 31, 2022 and December 31, 2021:

	March 31, 2022							December 31, 2021
	Cost		Accumulated Depreciation			Net Book Value		Cost		Accumulated Depreciation			Net Book Value
Capital assets subject to depreciation:
Computers, software and office equipment	$	2,655,372	$	(2,409,116	)	$	246,256	$	2,698,172	$	(2,399,978	)	$	298,194
Machinery and equipment		183,400		(164,201	)		19,199		183,618		(162,647	)		20,971
Vehicles		99,856		(80,950	)		18,906		101,674		(76,497	)		25,177
Furniture and fixtures		398,532		(364,230	)		34,302		401,862		(365,075	)		36,787
Leasehold improvements		1,138,039		(962,786	)		175,253		1,086,518		(955,547	)		130,971
Total fixed assets		4,475,199		(3,981,283	)		493,916		4,471,844		(3,959,744	)		512,100
Capital assets not subject to depreciation:
Construction in progress		24,813		–			24,813		65,888		–			65,888
Total fixed assets	$	4,500,012	$	(3,981,283	)	$	518,729	$	4,537,732	$	(3,959,744	)	$	577,988

For the three months ended March 31, 2022 and 2021, the Company recorded depreciation expense of $92,674 and $120,786, respectively.