Property and Equipment

9 Months Ended

Sep. 30, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment

4. Property and Equipment

At September 30, 2021 and December 31, 2020, property and equipment consisted of the following:

	September 30,			December 31,
	2021			2020
Machinery and equipment	$	1,114,290		$	985,862
Furniture and fixtures		1,850			1,850
Leasehold improvements		553,072			228,875
Software and website development		113,120			113,120
Computer hardware and software		67,118			49,967
Boat molds		612,279			126,000
Electric prototypes and tooling		163,696			146,232
		2,625,425			1,651,906
Less accumulated depreciation and amortization		(394,696	)		(286,877	)
	$	2,230,729		$	1,365,029

Depreciation and amortization expense of property and equipment for the nine months ended September 30, 2021 and 2020 is $132,089 and $95,954, respectively.