v3.25.1
Property and Equipment, Net
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Property and Equipment, Net [Abstract]    
Property and equipment, net

Note 8 — Property and equipment, net

 

Property and equipment, net consist of the following:

 

   As of
March 31,
2025		   As of
December 31,
2024		 
Trucks & Automobiles  $285,099   $285,099 
Machinery & Equipment   67,847    67,847 
Building   3,465,230    3,465,230 
Land   930,000    930,000 
Subtotal   4,748,176    4,748,176 
Less: accumulated depreciation   (541,204)   (501,344)
Total  $4,206,972   $4,246,832 

 

Depreciation expense for the three ended March 31, 2025 and 2024 amounted to $39,860 and $39,860, respectively.

Note 9 — Property and equipment, net

 

Property and equipment, net consist of the following:

 

   As of
December 31,
2024		   As of
December 31,
2023		 
Trucks & Automobiles  $285,099   $285,099 
Machinery & Equipment   67,847    67,847 
Building   3,465,230    3,465,230 
Land   930,000    930,000 
Subtotal   4,748,176    4,748,176 
Less: accumulated depreciation   (501,344)   (341,904)
Total  $4,246,832   $4,406,272 

 

Depreciation expense for the year ended December 31, 2024 and 2023 amounted to $159,439 and $164,942, respectively. For the years ended on December 31, 2024 and 2023, the company recognized a loss of $0 and $17,219, respectively, in relation to the disposal of equipment at its carrying value.