Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.20.2
Property and Equipment
9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
5. PROPERTY AND EQUIPMENT

 

    September 30,
2020
    December 31,
2019
 
Vehicles   $ 1,106,347     $ 702,447  
Leasehold improvements     1,546,875       884,685  
Furniture, fixtures and equipment     4,461,743       3,305,323  
      7,114,965       4,892,455  
(Accumulated depreciation)     (2,626,043 )     (1,551,839 )
Property and Equipment, net   $ 4,488,922     $ 3,340,616  

 

Depreciation expense for the three months ended September 30, 2020 and 2019 was $399,482 and $247,715, respectively.

 

Depreciation expense for the nine months ended September 30, 2020 and 2019 was $1,104,781 and $538,847, respectively.