Property and Equipment |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property and Equipment | Note 4 – Property and Equipment
Property and equipment consist of the following:
Depreciation expense was $20,134 and $17,552 for the nine months ended September 30, 2024 and 2023, and was $6,711 and $5,851 for the three months ended September 30, 2024 and 2023. Depreciation expense for the three and nine months ended September 30, 2024 and 2023 is included in operating expenses on the Consolidated Statements of Operations.
Marine equipment is subject to an operating lease agreement ending on December 31, 2025. See Note 6 for more information.
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