v3.25.2
Fixed Assets, Net
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Fixed Assets, Net

Note 6. Fixed Assets, Net

 

Fixed assets comprised the following at December 31:

 

   2024   2023 
Computer equipment  $55,346   $47,908 
RAS system   -    140,214 
Automobiles   

94,298

    

-

 
Leasehold improvements   17,904    17,904 
Building improvements   -    136,653 
Total   167,548    342,679 
Less: Accumulated depreciation and impairment   (44,688)   (38,822)
Fixed assets, net  $122,860   $303,857 

 

During the year ended December 31, 2024, the Company wrote off building improvements and RAS system improvements with a total carrying amount of $276,867 as they were determined to be no longer useful.

 

For the years ended December 31, 2024 and 2023, depreciation expense totaled approximately $5,900 and $4,500, respectively.