Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.23.3
Property and Equipment
9 Months Ended
Sep. 30, 2023
Property and Equipment [Abstract]  
Property and Equipment

5. Property and Equipment

 

Property and equipment consisted of the following:

 

    Useful
Life (years)
    September 30,
2023
    December 31,
2022
 
Leasehold improvements     5.1     $ 789,839     $ 789,839  
Property & equipment     5       2,372,339       2,206,004  
Technology hardware equipment     5       1,392,507       1,200,504  
Total             4,554,685       4,196,347  
Less accumulated depreciation             (2,480,962 )     (2,003,341 )
Construction in progress             24,201,653       12,974,361  
Total property and equipment, net           $ 26,275,377     $ 15,167,367