v3.26.1
PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 7– PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net consist of the following at December 31, 2025 and December 31, 2024, in thousands:

 

 SCHEDULE OF PROPERTY AND EQUIPMENT, NET

   December 31, 2025   December 31, 2024 
Machine and equipment  $186   $188 
Automobiles       72 
Website development costs   290    290 
Computer and office equipment   12    5 
Software development costs   553    579 
Total   1,041    1,134 
Less accumulated depreciation   (718)   (454)
Property and equipment, net  $323   $680 

 

 

During the twelve months ended December 31, 2025 and 2024, the Company recognized $297 thousand and $193 thousand of depreciation and amortization, respectively.

 

During the twelve months ended December 31, 2025, the Company reduced the value of software development cost by $238 thousand, related to a non-monetary exchange with a third party and their use of our mission control software. This software development cost was originally developed for internal use and has subsequently been licensed to a third party in a non-monetary transaction.