Post-effective amendment to a registration statement that is not immediately effective upon filing

Property, plant and equipment

v3.21.1
Property, plant and equipment
3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, plant and equipment

4. Property, plant and equipment

 

    March 31, 2021  

December 31,

2020

    Cost   Accumulated depreciation  

Net book

value

 

Net book

value

                 
Leasehold improvements   $ 64,298     $ (28,851 )   $ 35,447     $ 39,707  
Computer and office equipment     984,478       (727,946 )     256,532       247,572  
Fixtures and fittings     288,725       (237,873 )     50,852       54,465  
Vehicles     102,500       (45,357 )     57,143       63,382  
Computer software     222,924       (118,990 )     103,934       84,465  
    $ 1,662,925     $ (1,159,017 )   $ 503,908     $ 489,591  

 

The aggregate depreciation charge to operations was $50,777 and $51,125 for the quarter ended March 31, 2021 and 2020, respectively. The depreciation policies followed by the Company are described in Note 2.