Property and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment consist of the following:

	December 31,			December 31,
	2020			2019
DGSE
Land	$	720,786		$	55,000
Buildings and improvements		1,317,906			-
Leasehold improvements		1,435,742			1,561,649
Machinery and equipment		1,056,315			1,039,013
Furniture and fixtures		504,430			453,699
Vehicles		22,859			-
		5,058,038			3,109,361
Less: accumulated depreciation		(2,054,294	)		(1,904,948	)
Sub-Total		3,003,744			1,204,413
ECHG
Leasehold improvements		81,149			81,149
Machinery and equipment		220,417			27,497
Furniture and fixtures		93,827			93,827
		395,393			202,473
Less: accumulated depreciation		(71,058	)		(55,847	)
Sub-Total		324,335			146,626
Envela
Land		1,106,664			-
Buildings and improvements		2,456,324			-
Machinery and equipment		5,407			-
		3,568,395			-
Less: accumulated depreciation		(7,873	)		-
Sub-Total		3,560,522			-
	$	6,888,601		$	1,351,039

Depreciation expense was $327,026 and $264,021 for Fiscal 2020 and Fiscal 2019, respectively.