Quarterly report pursuant to Section 13 or 15(d)

Property And Equipment Net

Property And Equipment Net

9 Months Ended

Sep. 30, 2021

Note 5 - Property and Equipment, Net

Property and equipment at September 30, 2021 and December 31, 2020 are as follows:

	September 30,			December 31,
	2021			2020

Equipment & installation	$	1,965,659		$	1,965,659
Trucking equipment		834,375			834,375
Computer equipment and software		14,768			67,126
Office equipment		5,528			27,155
Total equipment		2,820,330			2,894,315

Less: accumulated depreciation		(2,797,829	)		(2,814,993	)
Construction in process		1,807,707			1,807,707
Property and equipment, net	$	1,830,208		$	1,887,029

The Company uses the straight-line method of depreciation over 2 to 5 years. During the three months ended September 30, 2021 and 2020 depreciation expense was $12,445, and $37,933, respectively. During the nine months ended September 30, 2021 and 2020 depreciation expense was $56,824, and $160,537, respectively.