v3.26.1
PPE, Net
 3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment, Net [Abstract]  
PPE, Net

3. PPE, Net

 

Property, plant and equipment were as follows:    

 

    March 31,     December 31,  
    2026     2025  
Building and improvements   $ 10,110,188     $ 10,110,188  
Furniture, fixtures and equipment     48,632,985       48,632,985  
Construction in progress     760,387       760,387  
      59,503,560       59,503,560  
Less: accumulated depreciation     (15,997,641 )     (15,611,596 )
    $ 43,505,919     $ 43,891,964  

 

Depreciation expense recorded in the three months ended March 31, 2026 and 2025 was approximately $386,000 and $481,000, respectively, which is included as a component of cost of goods sold.