Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment, Net (Tables)

v3.20.4
Property, Plant and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Property, plant and equipment, net consists of the following:
December 31,
2020 2019
Land and improvements $ 794,875  $ 700,000 
Buildings and improvements 6,005,505  5,900,000 
Equipment and vehicles 1,847,696  953,985 
Tooling 2,079,471  — 
Construction in progress 4,129,568  1,925,500 
14,857,115  9,479,485 
Less: accumulated depreciation (3,458,949) (2,649,304)
Property, plant and equipment, net $ 11,398,166  $ 6,830,181