PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2022

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

NOTE 7 — PROPERTY AND EQUIPMENT

 Property and equipment consist of the following:

	September 30,			December 31,
	2022			2021
DGSE
Land	$	1,640,220		$	1,640,220
Building and improvements		2,781,904			2,764,529
Leasehold improvements		1,450,695			1,450,695
Machinery and equipment		1,078,595			1,056,315
Furniture and fixtures		603,944			526,250
Vehicles		22,859			22,859
		7,578,217			7,460,868
Less: accumulated depreciation		(2,578,405	)		(2,343,923	)
Sub-Total		4,999,812			5,116,945
ECHG
Building and improvements		151,647			135,491
Machinery and equipment		1,152,154			1,109,306
Furniture and fixtures		145,950			145,950
		1,449,751			1,390,747
Less: accumulated depreciation		(442,793	)		(212,147	)
Sub-Total		1,006,958			1,178,600
Envela
Land		1,106,664			1,106,664
Building and improvements		2,502,216			2,456,324
Machinery and equipment		28,627			23,676
		3,637,507			3,586,664
Less: accumulated depreciation		(130,895	)		(76,021	)
Sub-Total		3,506,612			3,510,643
	$	9,513,382		$	9,806,188