Property and Equipment
|12 Months Ended|
Dec. 31, 2022
|Property, Plant and Equipment [Abstract]|
|Property and Equipment||
Note 6. Property and Equipment
At December 31, 2022 and 2021, property and equipment consisted of the following:
Schedule of Property and Equipment
As of December 31, 2022, construction in progress represents components to be used in the manufacturing of our satellites. As of December 31, 2021, construction in progress represented leasehold improvements in process for office space.
Depreciation expense of property and equipment for the years ended December 31, 2022 and 2021 is $319,936 and $394,968, respectively.
During the years ended December 31, 2022 and 2021, the Company purchased assets of $2,099,858 and $217,840, respectively.
No definition available.
The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef