Sidus Space, Inc. Annual report pursuant to Section 13 and 15(d)

Property and Equipment

12 Months Ended

Dec. 31, 2021

Note 4. Property and Equipment

At December 31, 2021 and 2020, property and equipment consisted of the following:

Schedule of Property and Equipment

	December 31,			December 31,
	2021			2020
Office equipment	$	17,061		$	17,061
Computer equipment		14,907			-
Vehicle		28,143			28,143
Software		93,012			80,362
Machinery		3,280,911			3,254,994
Leasehold improvements		198,645			184,890
Construction in progress		150,611			-
Property and equipment, gross		3,783,290			3,565,450
Accumulated depreciation		(3,008,220	)		(2,613,252	)
Property and equipment, net of accumulated depreciation	$	775,070		$	952,198

Depreciation expense of property and equipment for the years ended December 31, 2021 and 2020 is $394,968 and $466,836, respectively.

During the years ended December 31, 2021 and 2020, the Company purchased assets of $217,840 and $4,508, respectively.