Sigyn Therapeutics, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

3 Months Ended

12 Months Ended

Mar. 31, 2022

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

Property and equipment consisted of the following as of:

SCHEDULE OF PROPERTY AND EQUIPMENT

		March 31,			December 31,
	Estimated Life	2022			2021

Office equipment	5 years	$	28,181		$	28,181
Computer equipment	3 years		3,157			3,157
Accumulated depreciation			(4,996	)		(3,292	)
		$	26,342		$	28,046

Depreciation expense was $1,704 and $344 for the three months ended March 31, 2022 and 2021, respectively, and is classified in general and administrative expenses in the unaudited condensed consolidated Statements of Operations.

NOTE 4 – EQUIPMENT

PROPERTY AND EQUIPMENT

Equipment consisted of the following as of:

SCHEDULE OF PROPERTY AND EQUIPMENT

		December 31,			December 31,
	Estimated Life	2021			2020

Office equipment	5 years	$	28,181		$	1,787
Computer equipment	3 years		3,157			287
Accumulated depreciation			(3,292	)		(346	)
		$	28,046		$	1,728

Depreciation expense was $2,946 and $346 for the years ended December 31, 2021 and 2020, respectively, and is classified in general and administrative expenses in the Consolidated Statements of Operations.