| SCHEDULE OF PROPERTY PLANT AND EQUIPMENT |
The
gross carrying amount and accumulated depreciation of the Company’s property and equipment as of March 31, 2026 and December 31,
2025, are as follows:
SCHEDULE
OF PROPERTY PLANT AND EQUIPMENT
| | |
March 31, 2026 | | |
December 31, 2025 | |
| Land | |
$ | 1,228,250 | | |
$ | 1,298,250 | |
| Land Improvements | |
| 87,055 | | |
| 287,055 | |
| Buildings and Improvements | |
| 26,078,787 | | |
| 33,014,691 | |
| Furniture, Fixtures and Equipment | |
| 1,183,271 | | |
| 2,321,737 | |
| Property and Equipment, gross | |
| 28,577,363 | | |
| 36,921,733 | |
| | |
| | | |
| | |
| Less: Accumulated Depreciation | |
| (10,269,712 | ) | |
| (13,845,691 | ) |
| | |
| | | |
| | |
| Property and Equipment,
net | |
$ | 18,307,651 | | |
$ | 23,076,042 | |
| | |
2026 | | |
2025 | |
| | |
For the Three Months Ended March 31, | |
| | |
2026 | | |
2025 | |
| | |
| | |
| |
| Depreciation Expense | |
$ | 333,211 | | |
$ | 363,020 | |
|