PROPERTY, EQUIPMENT AND SOFTWARE |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| PROPERTY, EQUIPMENT AND SOFTWARE | NOTE 9 – PROPERTY, EQUIPMENT AND SOFTWARE Composition of property, equipment and software, grouped by major classifications, is as follows:
Depreciation expense for the three months ended June 30, 2025 and 2024 was $2,559 and $2,098, respectively, and $4,696 and $4,206 for the six months ended June 30, 2025 and 2024, respectively. During the three and six months ended June 30, 2025, the Company retired an insignificant amount of computers, software, and peripheral equipment that were fully depreciated. During the three and six months ended June 30, 2024, the Company retired computers, software, and peripheral equipment with a cost of $7 and $1,718, respectively, that were fully depreciated. |
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