v3.25.2
Property and Equipment, Net
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net as of June 30, 2025 and December 31, 2024 are as follows:
June 30,
2025
December 31,
2024
Vehicles$16,797,338 $17,300,595 
Medical equipment9,923,242 9,210,203 
Office equipment and furniture4,623,566 4,293,100 
Leasehold improvements1,974,963 1,239,089 
Buildings527,283 527,283 
Land37,800 37,800 
33,884,192 32,608,070 
Less: Accumulated depreciation(19,461,894)(17,726,659)
Property and equipment, net$14,422,298 $14,881,411 
During the six months ended June 30, 2025, the Company disposed of assets with a cost of $1,194,489 and accumulated depreciation of $983,945 for proceeds of $177,329. The Company recorded a loss on disposal of assets of $33,215 for the six months ended June 30, 2025.
The Company recorded depreciation expense of $1,211,772 and $1,476,657 for the three months ended June 30, 2025 and 2024, respectively.
The Company recorded depreciation expense of $2,432,577 and $2,907,965 for the six months ended June 30, 2025 and 2024, respectively.