v3.25.2
Property and Equipment
6 Months Ended
Jun. 30, 2025
Property and Equipment  
Property and Equipment

Note 3 – Property and Equipment

 

Property and equipment consisted of the following:

 

 

 

 

 

 

 

 

 

Estimated Useful

 

 

 

June 30,

2025

 

 

December 31,

2024

 

 

Lives

(Years)

 

 

 

 

 

 

 

 

 

 

 

Furniture and fixtures

 

$45,771

 

 

$37,271

 

 

 

7

 

Vehicles

 

 

165,001

 

 

 

171,901

 

 

 

5

 

 

 

 

210,772

 

 

 

209,172

 

 

 

 

 

Accumulated depreciation

 

 

(119,317)

 

 

(104,172)

 

 

 

 

Total property and equipment - net

 

$91,455

 

 

$105,000

 

 

 

 

 

 

Depreciation and amortization expense for the three months ended June 30, 2025 and 2024 was $9,151 and $23,421, respectively.

 

Depreciation and amortization expense for the six months ended June 30, 2025 and 2024 was $18,393 and $20,679, respectively.

 

During the six months ended June 30, 2025, the Company donated several vehicles to charitable organizations with a fair value of $3,652.

 

These amounts are included as a component of general and administrative expenses in the accompanying consolidated statements of operations.