PROPERTY, PLANT, AND EQUIPMENT |
3. |
PROPERTY, PLANT, AND EQUIPMENT
|
For the year ended December 31, 2020
|
|
Cost
|
|
|
Accumulated
depreciation
|
|
|
Net Book
Value
|
|
|
|
|
|
|
|
|
|
|
|
Computer equipment
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2019
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
Additions
|
|
|
49,721
|
|
|
|
-
|
|
|
|
49,721
|
|
Depreciation in the year
|
|
|
-
|
|
|
|
(12,827
|
)
|
|
|
(12,827
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Furniture and fixtures
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2019
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
Additions
|
|
|
53,689
|
|
|
|
-
|
|
|
|
53,689
|
|
Depreciation in the year
|
|
|
-
|
|
|
|
(20,352
|
)
|
|
|
(20,352
|
)
|
Leasehold improvements
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2019
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
Additions
|
|
|
23,619
|
|
|
|
-
|
|
|
|
23,619
|
|
Depreciation in the year
|
|
|
-
|
|
|
|
(1,858
|
)
|
|
|
(1,858
|
)
|
Machinery
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2019
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
Additions
|
|
|
153,380
|
|
|
|
-
|
|
|
|
153,380
|
|
Depreciation in the year
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2020
|
|
$
|
280,409
|
|
|
$
|
(35,037
|
)
|
|
$
|
245,372
|
|
For the year ended December 31, 2019
|
|
Cost
|
|
|
Accumulated
depreciation
|
|
|
Net Book
Value
|
|
Computer equipment
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2018
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
Furniture and fixtures
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2018
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
Leasehold improvements
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation in the year
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
Machinery
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2019
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2019
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|