Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.23.1
Property and Equipment
12 Months Ended
Dec. 31, 2022
Property and Equipment [Abstract]  
Property and Equipment

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