General form of registration statement for all companies including face-amount certificate companies

Property and Equipment

v3.23.2
Property and Equipment
3 Months Ended 12 Months Ended
Mar. 31, 2023
Dec. 31, 2022
Property, Plant and Equipment [Abstract]    
Property and Equipment

5. Property and Equipment

 

Property and equipment consisted of the following:

 

    Useful
Life (years)
  March 31, 2023     December 31, 2022  
Leasehold improvements   5.1   $ 789,839     $ 789,839  
Property & equipment   5     2,243,434       2,206,004  
Technology hardware equipment   5     1,211,893       1,200,504  
Total         4,245,166       4,196,347  
Less accumulated depreciation         (2,276,524 )     (2,003,341 )
Construction in progress         14,981,373       12,974,361  
Total property and equipment, net       $ 16,950,015     $ 15,167,367  

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