v3.26.1
PROPERTY, PLANT, AND EQUIPMENT, NET
3 Months Ended
Mar. 31, 2026
PROPERTY, PLANT, AND EQUIPMENT, NET  
PROPERTY, PLANT, AND EQUIPMENT, NET

NOTE 7 — PROPERTY, PLANT, AND EQUIPMENT, NET

Property, plant, and equipment, net consisted of the following:

Estimated Useful Life

  ​ ​ ​

  ​ ​ ​

in Years

  ​ ​ ​

March 31, 2026

  ​ ​ ​

December 31, 2025

Motor Vehicles

10

$

365,000

$

365,000

Leasehold improvements*

3-6

60,795

60,795

Subtotal

  ​

  ​

425,795

425,795

Less accumulated depreciation

 

  ​

 

(76,809)

 

(66,927)

Property, plant, and equipment, net

 

  ​

$

348,986

$

358,868

During the three months ended March 31, 2026 and 2025, the Company recorded deprecation of $9,882, and $9,882, respectively.

There was no impairment loss during the three months ended March 31, 2026 and 2025.

*Leasehold improvements were related to Edward’s full steel manual gates, yard fence, and office roof upgrade.