Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.20.2
Property, Plant and Equipment (Tables)
9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
Summary of Property, Plant and Equipment
Property, plant and equipment at September 30, 2020 and December 31, 2019 consisted of the following:
 
Estimated Useful
Life (in Years)
 
September 30, 2020
 
December 31, 2019
Energy systems
1 - 15 years
 
$
4,372,638

 
$
4,372,638

Machinery and equipment
5 - 7 years
 
1,509,208

 
1,462,208

Furniture and fixtures
5 years
 
193,698

 
193,698

Computer software
3 - 5 years
 
192,865

 
192,865

Leasehold improvements
*
 
450,792

 
450,792

 
 
 
6,719,201

 
6,672,201

Less - accumulated depreciation and amortization
 
 
(3,721,187
)
 
(3,206,253
)
 
 
 
$
2,998,014

 
$
3,465,948

* Lesser of estimated useful life of asset or lease term