Property and equipment, net consisted of the following:


	March 31, 2026			December 31, 2025
Office equipment and computers	$	2,008,894		$	1,760,490
Vehicles and trailers		36,319,490			30,252,251
Machinery and equipment		156,250,241			118,867,241
Leasehold improvements		1,230,007			1,041,123
Construction in progress		10,459,146			8,018,256
Total property and equipment		206,267,778			159,939,361
Accumulated depreciation		(80,725,787	)		(75,037,759	)
Total Property and equipment, net	$	125,541,991		$	84,901,602

Depreciation expense included in the condensed consolidated statements of operations was $5,702,410 and $5,071,341 for the three months ended March 31, 2026 and 2025 respectively. The Company recorded a gain of $2,397 and $110,945 on the sale of property and equipment in the condensed consolidated statements of operations for the three months ended March 31, 2026 and 2025.

The Company capitalized interest of $140,844 during the quarter ended March 31, 2026 to Construction in progress. No interest was capitalized in the three months ended March 31, 2025, as no qualifying construction activities were in progress.