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PROPERTY AND EQUIPMENT
9 Months Ended 12 Months Ended
Sep. 30, 2023
Dec. 31, 2022
PROPERTY AND EQUIPMENT    
PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

 

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

 

 

 

September 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Production equipment

 

$5,724,422

 

 

$3,837,236

 

Leasehold improvements

 

 

12,431

 

 

 

12,431

 

Kiosks

 

 

3,631,279

 

 

 

3,631,279

 

 

 

 

9,368,132

 

 

 

7,480,946

 

Accumulated depreciation

 

 

(374,529 )

 

 

(260,381 )

Total property and equipment

 

$8,993,603

 

 

$7,220,565

 

 

 

Depreciation expense was $52,959 and $114,146 for the three and nine months ended September 30, 2023, respectively, and $37,617 and $68,388 for the three and nine months ended September 30, 2022, respectively.

NOTE 5 - PROPERTY AND EQUIPMENT

 

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

 

 

 

December 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Production equipment

 

$3,837,236

 

 

$1,461,586

 

Leasehold improvements

 

 

12,431

 

 

 

12,431

 

Kiosks plus improvements

 

 

3,631,279

 

 

 

3,686,107

 

Less accumulated depreciation

 

 

(260,381)

 

 

(161,353)

Total property and equipment

 

$7,220,565

 

 

$4,998,771

 

 

Depreciation expense totaled $96,922 and $86,501 for the twelve months ended December 31, 2022, and 2021, respectively.