| Property and Equipment |
4.
Property and Equipment
Property
and equipment consist of:
Schedule of Property and Equipment
| | |
June
30, 2025 | | |
December
31, 2024 | |
| Building | |
$ | 6,079,410 | | |
$ | 6,079,410 | |
| Manufacturing equipment | |
| 6,045,965 | | |
| 5,830,999 | |
| Land | |
| 2,239,405 | | |
| 2,239,405 | |
| Leasehold improvements | |
| 867,757 | | |
| 862,504 | |
| Product molds | |
| 524,476 | | |
| 524,476 | |
| Warehouse equipment | |
| 522,128 | | |
| 512,700 | |
| Electrical equipment | |
| 185,261 | | |
| 185,261 | |
| Automobile | |
| 242,642 | | |
| 172,645 | |
| Furniture | |
| 140,458 | | |
| 154,065 | |
| Computers | |
| 98,594 | | |
| 114,786 | |
| Property and equipment, at cost | |
| 16,946,096 | | |
| 16,676,251 | |
| Less: Accumulated depreciation | |
| (3,727,975 | ) | |
| (3,032,025 | ) |
| Property and equipment,
net | |
$ | 13,218,121 | | |
$ | 13,644,226 | |
Depreciation
expense for the three months ended June 30, 2025 and 2024 was $347,443
and $232,199,
respectively. Depreciation expense for the six months ended June 30, 2025 and 2024 was $695,950
and $614,719,
respectively.
|