Property and Equipment

9 Months Ended

Sep. 30, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 7 – Property and Equipment

The Company’s property and equipment consisted of the following at September 30, 2021 and December 31, 2020:

	Estimated Useful Life in Years	September 30, 2021			December 31, 2020
Leasehold improvements	Shorter of asset or lease term	$	2,109,268		$	2,064,669
Equipment	1.5 - 7		2,366,176			2,012,276
Total property and equipment			4,475,444			4,076,945
Less: accumulated depreciation			(2,803,326	)		(2,302,273	)
			1,672,118			1,774,672
Construction in progress			105,145			2,370
Total property and equipment, net		$	1,777,263		$	1,777,042

Depreciation expense was $194,000 and $195,000 for the three months ended September 30, 2021 and 2020, respectively and $529,000 and $633,000 for the nine months ended September 30, 2021 and 2020, respectively.