Property and Equipment
|9 Months Ended|
Sep. 30, 2023
|Property, Plant and Equipment [Abstract]|
|Property and Equipment||
Note 6. Property and Equipment
At September 30, 2023, and December 31, 2022, property and equipment consisted of the following:
Schedule of Property and Equipment
As of September 30, 2023, and December 31,2022, construction in progress represents components to be used in the manufacturing of our satellites.
Depreciation expense of property and equipment for the nine months ended September 30, 2023 and 2022 is $148,166 and $238,859, respectively, of which $133,567 and $142,248 are included as components of cost of revenue.
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://fasb.org/us-gaap/role/ref/legacyRef