Note
8 – Property and Equipment
The
estimated useful lives and accumulated depreciation for equipment are as follows as of March 31, 2026, and December 31, 2025:
Schedule of Estimated Useful Lives of Property and Equipment
| | |
Estimated Useful
Life |
| Manufacturing equipment | |
6 to 10 years |
| Medical equipment | |
7 to 10 years |
| Office equipment | |
3 to 7 years |
Schedule of Property and Equipment
| | |
March
31,
2026 | | |
December
31, 2025 | |
| Manufacturing equipment | |
$ | 132,513 | | |
$ | 132,513 | |
| Medical equipment | |
| 651,465 | | |
| 522,624 | |
| Office equipment | |
| 90,821 | | |
| 93,837 | |
| Leasehold improvements | |
| 96,817 | | |
| 96,817 | |
| Property, plant and equipment, gross | |
| 96,817 | | |
| 96,817 | |
| Less: accumulated depreciation | |
| (496,974 | ) | |
| (459,626 | ) |
| Total equipment, net | |
$ | 474,641 | | |
$ | 386,165 | |
During
the three months ended March 31, 2026, and 2025, the Company recorded depreciation expense of $37,348 and $30,087, respectively.
|