v3.25.1
Property and Equipment, net
3 Months Ended
Mar. 31, 2025
Property and Equipment, net  
Property and Equipment, net

Note 3. Property and Equipment, net

 

Property and equipment consists of the following as of March 31, 2025 and December 31, 2024:

 

 

 

March 31,

2025

 

 

December 31,

2024

 

Computers and electronic equipment

 

$55,532

 

 

$55,532

 

Furniture and fixtures

 

 

91,018

 

 

 

91,018

 

Leasehold improvements

 

 

177,865

 

 

 

177,865

 

Total property and equipment

 

 

324,415

 

 

 

324,415

 

Less: accumulated depreciation

 

 

(122,019 )

 

 

(105,798 )

Total property and equipment, net

 

$202,396

 

 

$218,617

 

Depreciation expense was $16,221 and $9,756 for the three months ended March 31, 2025 and 2024, respectively, and is included within general and administrative expenses in the Company’s statements of operations.