Annual report pursuant to Section 13 and 15(d)

5. Property and equipment

v3.22.1
5. Property and equipment
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
5. Property and equipment

5. Property and equipment

 

                                 
   

December 31,

2021

   December 31, 2020
    Cost   Accumulated depreciation  

Net book

value

  

Net book

value
                 
Leasehold improvements   $ 62,338     $ (35,078 )   $ 27,260     $ 39,707  
Computer and office equipment     1,000,849       (777,635 )     223,214       247,572  
Fixtures and fittings     385,871       (250,438 )     135,433       54,465  
Vehicles     99,467       (54,630 )     44,837       63,382  
Computer software     224,854       (165,519 )     59,335       84,465  
    $ 1,773,379     $ (1,283,300 )   $ 490,079     $ 489,591  

 

The aggregate depreciation charge to operations was $230,033 and $354,552 for the years ended December 31, 2021 and 2020, respectively. The depreciation policies followed by the Company are described in Note 2.