v3.25.2
PROPERTY, PLANT, AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2025
PROPERTY, PLANT, AND EQUIPMENT, NET  
PROPERTY, PLANT, AND EQUIPMENT, NET

NOTE 6 — PROPERTY, PLANT, AND EQUIPMENT, NET

Property, plant, and equipment, net consisted of the following:

Estimated Useful Life

    

    

in Years

    

June 30, 2025

    

December 31, 2024

(Unaudited)

Motor Vehicles

10

$

365,000

$

365,000

Leasehold improvements*

3-6

60,795

60,795

Subtotal

  

  

425,795

425,795

Less accumulated depreciation

 

  

 

(47,164)

 

(27,400)

Property, plant, and equipment, net

 

  

$

378,631

$

398,395

During the six months ended June 30, 2025 and 2024, the Company recorded deprecation of $19,764 and $7,636, respectively.

There was no impairment loss during the six months ended June 30, 2025 and 2024.

*Leasehold improvements were related to Edward’s full steel manual gates, yard fence, and office roof upgrade.