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PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2023
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

 

As of June 30, 2023, and December 31, 2022, property and equipment consisted of the following:

 

 

 

June 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Production equipment

 

$4,033,172

 

 

$3,837,236

 

Leasehold improvements

 

 

12,431

 

 

 

12,431

 

Kiosks

 

 

3,583,529

 

 

 

3,631,279

 

 

 

 

7,629,132

 

 

 

7,480,946

 

Accumulated depreciation

 

 

(321,568 )

 

 

(260,381 )

Total property and equipment

 

$7,307,564

 

 

$7,220,565

 

 

Depreciation expense was $33,196 and $61,187 for the three and six months ended June 30, 2023, respectively, and $22,813 and $45,217 for the three and six months ended June 30, 2022, respectively.