Nauticus Robotics, Inc. General form of registration statement for all companies including face-amount certificate companies

Property and Equipment

12 Months Ended

Dec. 31, 2022

4. Property and Equipment

Property and equipment consisted of the following:

	Useful Life (years)	December 31, 2022			December 31, 2021
Leasehold improvements	5.1	$	789,839		$	789,839
Property & equipment	5		2,206,004			1,216,609
Technology hardware equipment	5		1,200,504			773,535
Total			4,196,347			2,779,983
Less accumulated depreciation			(2,003,341	)		(1,492,892	)
Construction in progress			12,974,361			150,220
Total property and equipment, net		$	15,167,367		$	1,437,311