Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment, Net

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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET
3. PROPERTY, PLANT AND EQUIPMENT, NET

 

As of December 31, 2017 and 2016, property, plant and equipment consisted of the following:

 

  2017     2016  
  Land   $ 700,000     $ 700,000  
  Buildings     5,900,000       5,900,000  
  Leasehold Improvements     19,225       19,225  
  Software     86,050       57,587  
  Equipment     829,742       808,512  
  Vehicles and prototypes     156,567       62,905  
        7,691,584       7,548,229  
  Less accumulated depreciation     (2,095,571 )     (1,545,598 )
      $ 5,596,013     $ 6,002,631