Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

NOTE 4 – PROPERTY AND EQUIPMENT

Property and equipment was comprised of the following:

	June 30, 2022			December 31, 2021
	(unaudited)			*
Field and shop equipment	$	572,900		$	553,200
Vehicles		72,500			72,500
Waste destruction equipment, placed in service		553,300			553,300
Furniture and office equipment		349,300			342,400
Leasehold improvements		36,200			36,200
Building and improvements		21,200			21,200
Land		162,900			162,900
Property and equipment, gross		1,768,300			1,741,700
Less: accumulated depreciation and amortization		(1,351,500	)		(1,308,700	)
Property and equipment, net	$	416,800		$	433,000

Depreciation expense for the three months ended June 30, 2022, and 2021 was $23,100 and $26,600, respectively. For the three months ended June 30, 2022, and 2021, depreciation expense included in cost of goods sold was $19,700 and $20,300, respectively. For the three months ended June 30, 2022, and 2021, depreciation expense included in selling, general and administrative expenses was $3,400 and $6,500, respectively.

Depreciation expense for the six months ended June 30, 2022, and 2021 was $47,900 and $53,200, respectively. For the six months ended June 30, 2022, and 2021, depreciation expense included in cost of goods sold was $38,100 and $40,400, respectively. For the six months ended June 30, 2022, and 2021, depreciation expense included in selling, general and administrative expenses was $9,800 and $12,900, respectively.

Depreciation expense on leased CoronaLux™ units included in depreciation and amortization above is $0 as of June 30, 2022, and 2021, respectively.

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

	June 30, 2022			December 31, 2021
Vehicles, field and shop equipment	$	10,200		$	10,200
Less: accumulated amortization		(10,200	)		(10,200	)
	$	-		$	-