Property and Equipment

3 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

4. Property and Equipment

At March 31, 2022 and December 31, 2021, property and equipment consisted of the following:

	March 31,			December 31,
	2022			2021
Machinery and equipment	$	1,474,273		$	1,343,797
Furniture and fixtures		9,636			1,850
Leasehold improvements		927,998			786,199
Software and website development		113,120			113,120
Computer hardware and software		84,518			76,598
Boat molds		1,217,618			778,229
Vehicles		1,000			101,984
Electric prototypes and tooling		142,526			142,526
		3,970,689			3,344,303
Less accumulated depreciation and amortization		(537,647	)		(461,132	)
Total Property and Equipment	$	3,433,042		$	2,883,171

Depreciation and amortization expense of property and equipment for the three months ended March 31, 2022 and 2021 is $80,092 and $46,523, respectively.