v3.25.2
Property and Equipment, net
6 Months Ended
Jun. 30, 2025
Property and Equipment [Member]  
Property and Equipment, net [Abstract]  
Property and Equipment, net
7.
Property and Equipment, net



The following table shows the Company’s office furniture and equipment by major asset classes as of December 31, 2024 and June 30, 2025.


   
Period Ended
 
   
December 31,
2024
   
June 30,
2025
 
Installations
 
$
1,809,400
   
$
2,026,973
 
Office Furniture
   
116,613
     
118,477
 
Other fixtures and fittings, office equipment
   
68,178
     
79,073
 
Property and equipment, net
 
$
1,994,191
   
$
2,224,523
 

The line item “Installations” mainly comprise leasehold improvements at MPC Capital’s Hamburg office. For the six months ended June 30, 2025, total depreciation of $157,280 was recorded.