General form of registration statement for all companies including face-amount certificate companies

PROPERTY AND EQUIPMENT

v3.23.4
PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

The major classes of property and equipment are as follows at December 31, 2022 and 2021:

 

             
    December 31,     December 31,  
    2022     2021  
Furniture, fixtures and equipment   $ 1,606,451     $ 1,264,001  
Less: Accumulated depreciation     (976,961 )     (660,748 )
Furniture, fixtures and equipment, Net   $ 629,490     $ 603,253  

 

Depreciation expense in 2022 and 2021 was $319,928 and $269,978, respectively.