PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

4. PROPERTY AND EQUIPMENT

Property and equipment consists of the following assets which are located in Calgary, Canada and placed in service by Enveric Biosciences Canada, Inc (“EBCI”), with all amounts translated into U.S. dollars:

	September 30, 2022			December 31, 2021
Lab equipment	$	819,988		$	310,957
Computer equipment		24,841			10,818
Less: Accumulated depreciation		(131,885	)		(27,345	)
Property and equipment, net of accumulated depreciation	$	712,944		$	294,430

Depreciation expense was $44,458 and $2,240 for the three months ended September 30, 2022 and 2021, respectively. Depreciation expense was $114,850 and $2,240 for the nine months ended September 30, 2022 and 2021, respectively.