Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.10.0.1
Property, Plant and Equipment
9 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

7. Property, plant and equipment

 

Property, plant and equipment, at cost, consisted of the following: 

 

    September 30,
2018
Trucks   $ 491,299  
Welding equipment     285,991  
Office equipment     23,408  
Machinery and equipment     18,663  
Furniture and equipment     12,767  
Computer hardware     8,663  
Computer software     22,191  
Total property, plant and equipment, at cost     862,982  
Less -- accumulated depreciation     (70,803 )
Property, plant and equipment, net   $ 792,179  

 

Depreciation expense for the three months ended September 30, 2018 and 2017 was $27,358 and $1,461, respectively. Depreciation expense for the nine months ended September 30, 2018 and 2017 was $27,670 and $10,779, respectively.