Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment, Net

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Property, Plant and Equipment, Net
9 Months Ended
Sep. 30, 2016
Property, Plant and Equipment, Net [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET
3. PROPERTY, PLANT AND EQUIPMENT, NET

 

As of September 30, 2016 and December 31, 2015, our property, plant and equipment, net, consisted of the following:

 

    September 30, 2016     December 31,
2015
 
      (Unaudited)        
  Land   $ 300,000     $ 300,000  
  Buildings     3,800,000       3,800,000  
  Leasehold Improvements     19,225       19,225  
  Software     62,912       27,721  
  Equipment     808,512       724,507  
  Vehicles and prototypes     227,864       198,965  
        5,218,513       5,070,418  
  Less accumulated depreciation     (1,620,375 )     (1,334,059 )
      $ 3,598,138     $ 3,736,359