v3.25.1
FIXED ASSETS, NET
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
FIXED ASSETS, NET

3.     FIXED ASSETS, NET

 

Fixed assets consist of the following:

        
   March 31,
2025
   December 31,
2024
 
Equipment  $2,739,194   $2,688,611 
Software   515,432    487,364 
Furniture and fixtures   762,144    762,144 
Website costs   69,881    69,881 
Leasehold improvements   236,904    236,904 
    4,323,555    4,244,904 
Less: accumulated depreciation   (3,188,776)   (3,086,929)
Fixed assets, net  $1,134,779   $1,157,975 

 

Depreciation expense for the three months ended March 31, 2025 and 2024 was $101,847 and $91,100, respectively.