Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

Property and Equipment

3 Months Ended

Mar. 31, 2021

Property, Plant and Equipment [Abstract]

NOTE 5 – PROPERTY AND EQUIPMENT

Property and equipment was comprised of the following:

	March 31, 2021			December 31, 2020
	(Unaudited)
Field and shop equipment	$	1,282,700		$	1,282,700
Vehicles		476,900			476,900
Waste destruction equipment, placed in service		553,300			553,300
Furniture and office equipment		345,700			345,700
Leasehold improvements		36,200			36,200
Building and improvements		21,200			21,200
Land		162,900			162,900
		2,878,900			2,878,900
Less: accumulated depreciation and amortization		(2,357,500	)		(2,330,900	)
Property and equipment, net	$	521,400		$	548,000

Depreciation expense for the three months ended March 31, 2021 and 2020 was $26,600 and $35,900, respectively. For the three months ended March 31, 2021 and 2020, depreciation expense included in cost of goods sold was $20,100 and $21,000, respectively. For the three months ended March 31, 2021 and 2020, depreciation expense included in selling, general and administrative expenses was $6,400 and $14,900, respectively.

Depreciation expense on leased CoronaLux™ units included in depreciation and amortization above is $0 and $9,700 as of March 31, 2021 and 2020, respectively.

Property and equipment included the following amounts for leases that have been capitalized at:

	March 31,			December 31,
	2021			2020
Vehicles, field and shop equipment	$	10,200		$	10,200
Less: accumulated amortization		(10,200	)		(10,200	)
	$	-		$	-