Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.21.1
Property and Equipment
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 2 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

    December 31,
2020		     December 31,
2019		  
Shop equipment and machinery   $ 3,286     $ 3,264  
Production tooling, jigs, fixtures     71       71  
Vehicles     180       188  
Leasehold improvements     390       390  
Office equipment     177       172  
Software     103       103  
Total property and equipment, cost     4,207       4,188  
Less: accumulated depreciation and amortization     (2,710 )     (2,088 )
Property and equipment, net   $ 1,497     $ 2,100  

 

Depreciation and amortization expense on property and equipment for the years ended December 31, 2020 and 2019 was $622 and $628 respectively. During the years ended December 31, 2020 and 2019, $595 and $586, respectively, of depreciation expense was included in cost of sales for the years then ended.