Property and Equipment, Net |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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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:
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.
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