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PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2022
PROPERTY AND EQUIPMENT  
NOTE 7 - PROPERTY AND EQUIPMENT

NOTE 7 — PROPERTY AND EQUIPMENT

 

 Property and equipment consist of the following:

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

DGSE

 

 

 

 

 

 

Land

 

$1,640,220

 

 

$1,640,220

 

Building and improvements

 

 

2,781,903

 

 

 

2,764,529

 

Leasehold improvements

 

 

1,450,695

 

 

 

1,450,695

 

Machinery and equipment

 

 

1,056,315

 

 

 

1,056,315

 

Furniture and fixtures

 

 

603,945

 

 

 

526,250

 

Vehicles

 

 

22,859

 

 

 

22,859

 

 

 

 

7,555,937

 

 

 

7,460,868

 

Less: accumulated depreciation

 

 

(2,501,296)

 

 

(2,343,923)

 

 

 

 

 

 

 

 

 

Sub-Total

 

 

5,054,641

 

 

 

5,116,945

 

 

 

 

 

 

 

 

 

 

ECHG

 

 

 

 

 

 

 

 

Building and improvements

 

 

135,491

 

 

 

135,491

 

Machinery and equipment

 

 

1,167,321

 

 

 

1,109,306

 

Furniture and fixtures

 

 

145,950

 

 

 

145,950

 

 

 

 

1,448,762

 

 

 

1,390,747

 

Less: accumulated depreciation

 

 

(366,438)

 

 

(212,147)

 

 

 

 

 

 

 

 

 

Sub-Total

 

 

1,082,324

 

 

 

1,178,600

 

 

 

 

 

 

 

 

 

 

Envela

 

 

 

 

 

 

 

 

Land

 

 

1,106,664

 

 

 

1,106,664

 

Building and improvements

 

 

2,502,216

 

 

 

2,456,324

 

Machinery and equipment

 

 

28,626

 

 

 

23,676

 

 

 

 

 

 

 

 

 

 

 

 

 

3,637,506

 

 

 

3,586,664

 

Less: accumulated depreciation

 

 

(112,070)

 

 

(76,021)

 

 

 

 

 

 

 

 

 

Sub-Total

 

 

3,525,436

 

 

 

3,510,643

 

 

 

 

 

 

 

 

 

 

 

 

$9,662,401

 

 

$9,806,188