v3.25.2
Property and Equipment, Net
3 Months Ended
Mar. 31, 2025
Property and Equipment, Net  
Property and Equipment, Net

NOTE 5 — Property and Equipment, Net

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

    

Estimated useful life

    

March 31, 2025

    

December 31, 2024

Finance lease ROU asset

 

4-5 years

 

$

33,662

 

$

33,662

Computers and equipment

 

3-5 years

 

171,243

 

164,299

Less: Accumulated depreciation and amortization

 

  

 

(154,789)

 

(146,574)

Property and equipment, net

 

  

 

$

50,116

 

$

51,387

Depreciation expenses were $8,215 and $8,119 for the three months ended March 31, 2025 and March 31, 2024, respectively. For the three months ended March 31, 2025 and the years ended March 31, 2024, the Company focused primarily on research and development which were expensed as incurred as the costs had no alternative future use.