Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.23.2
Property and Equipment
 3 Months Ended
Mar. 31, 2023
Property 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