v3.25.2
PROPERTY AND EQUIPMENT
 3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment was comprised of the following:

 

  

March 31,

2025

  

December 31,

2024

 
   (unaudited)   * 
Field and shop equipment  $397,600   $397,600 
Vehicles   72,500    72,500 
Furniture and office equipment   275,400    274,600 
Leasehold improvements   36,200    36,200 
Property and equipment, gross   781,700    780,900 
Less: accumulated depreciation and amortization   (739,800)   (736,900)
Property and equipment, net  $41,900   $44,000 

 

Depreciation expense for both the three months ended March 31, 2025, and 2024 was $2,900. For the three months ended March 31, 2025, and 2024, depreciation expense included in cost of goods sold was $1,900 and $2,000, respectively. For the three months ended March 31, 2025, and 2024, depreciation expense included in selling, general and administrative expenses was $1,100 and $900, respectively.