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

Property and Equipment (Tables)

v3.21.1
Property and Equipment (Tables)
 12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of property and equipment

At December 31, 2020 and 2019, property and equipment consisted of the following:

 

    December 31,  
    2020     2019  
             
Machinery and equipment   $ 985,862     $ 1,054,696  
Furniture and fixtures     1,850       1,850  
Leasehold improvements     228,875       109,499  
Software and website development     113,120       101,320  
Computer hardware and software     49,967       49,967  
Boat molds     126,000       126,000  
New model development     146,232       56,462  
      1,651,906       1,499,794  
Less accumulated depreciation and amortization     (286,877 )     (173,816 )
    $ 1,365,029     $ 1,325,978