| SCHEDULE OF PROPERTY PLANT AND EQUIPMENT |
The
gross carrying amount and accumulated depreciation of the Company’s property and equipment as of June 30, 2025, and December 31,
2024, are as follows:
SCHEDULE
OF PROPERTY PLANT AND EQUIPMENT
| | |
June 30, 2025 | | |
December 31, 2024 | |
| | |
| | |
| |
| Land | |
$ | 1,598,250 | | |
$ | 1,598,250 | |
| Land improvements | |
| 329,055 | | |
| 329,055 | |
| Buildings and improvements | |
| 38,983,843 | | |
| 38,625,546 | |
| Furniture, fixtures and equipment | |
| 2,458,657 | | |
| 2,434,199 | |
| Property and Equipment, gross | |
| 43,369,805 | | |
| 42,987,050 | |
| | |
| | | |
| | |
| Less: Accumulated depreciation | |
| (15,584,808 | ) | |
| (14,859,046 | ) |
| | |
| | | |
| | |
| Property and Equipment, net | |
$ | 27,784,997 | | |
$ | 28,128,004 | |
| | |
2025 | | |
2024 | |
| | |
For the Six Months Ended June 30, | |
| | |
2025 | | |
2024 | |
| | |
| | |
| |
| Depreciation Expense (excluding Intangible Assets) | |
$ | 725,762 | | |
$ | 833,129 | |
|