| PROPERTY AND EQUIPMENT |
NOTE 4 – PROPERTY AND EQUIPMENT
The major classes of property and equipment are
as follows at December 31, 2025 and December 31, 2024:
| Schedule of property and equipment | |
| | |
| |
| | |
December
31, 2025 | | |
December
31, 2024 | |
| Furniture and Fixtures | |
$ | 161,097 | | |
$ | 132,018 | |
| Tools and Equipment | |
| 1,618,643 | | |
| 1,569,034 | |
| EDC PODS and Generators | |
| 1,791,061 | | |
| — | |
| Leasehold Improvements | |
| 306,910 | | |
| 298,004 | |
| Construction in Progress | |
| 25,589,371 | | |
| 2,099,493 | |
| Internal Use Software | |
| 381,441 | | |
| 381,441 | |
| | |
| 29,848,523 | | |
| 4,479,990 | |
| Accumulated Depreciation | |
| (2,110,717 | ) | |
| (1,708,211 | ) |
| Property and Equipment,
net | |
$ | 27,737,806 | | |
$ | 2,771,779 | |
| | |
December
31, 2025 | | |
December
31, 2024 | |
| Internal Use Software consisted of the following: | |
| | | |
| | |
| Internal Use Software | |
$ | 381,441 | | |
$ | 381,441 | |
| Accumulated Depreciation | |
| (322,487 | ) | |
| (225,429 | ) |
| Internal Use Software,
net | |
$ | 58,954 | | |
$ | 156,012 | |
| | |
| | |
| |
| | |
December 31, 2025 | | |
December 31, 2024 | |
| Depreciation Expense: | |
| | | |
| | |
| Property and equipment, excluding internal use software | |
$ | 305,447 | | |
$ | 239,302 | |
| Internal Use Software amortization expense | |
| 97,058 | | |
| 92,280 | |
| | |
$ | 402,505 | | |
$ | 331,582 | |
|