Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment, net

Property, Plant and Equipment, net

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Property, plant and equipment at March 31, 2023 and December 31, 2022 consisted of the following:


	Estimated Useful Life (in Years)	March 31, 2023		December 31, 2022
Energy systems	1 - 15 years	$	2,810,232	$	2,810,232
Machinery and equipment	5 - 7 years	1,624,885		1,624,885
Furniture and fixtures	5 years	196,007		196,007
Computer software	3 - 5 years	192,865		192,865
Leasehold improvements	*	466,789		466,789
		5,290,778		5,290,778
Less - accumulated depreciation and amortization		(4,000,550)		(3,883,058)
		$	1,290,228	$	1,407,720

* Lesser of estimated useful life of asset or lease term

Depreciation and amortization expense on property and equipment for the three months ended March 31, 2023 and 2022 was $117,492 and $126,792, respectively.