Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

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

 

    June 30,
2020		     December 31,
2019		  
Vehicles   $ 969,115     $ 702,447  
Leasehold improvements     1,301,410       884,685  
Furniture, fixtures and equipment     3,972,018       3,305,323  
      6,242,543       4,892,455  
(Accumulated depreciation)     (2,226,561 )     (1,551,839 )
Property and Equipment, net   $ 4,015,982     $ 3,340,616  

 

Depreciation expense for the three months ended June 30, 2020 and 2019 was $373,975 and $150,842, respectively.

 

Depreciation expense for the six months ended June 30, 2020 and 2019 was $705,299 and $291,132, respectively.