v3.26.1
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2025
Property, Plant, and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

NOTE 6 – PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment as of December 31, 2025 and 2024 consisted of the following:

 

   2025   2024 
Machinery and equipment  $3,152,265   $2,240,129 
Transportation vehicles   466,386    443,390 
Electronic devices   172,923    138,951 
Office furniture and equipment   94,652    88,050 
Construction in progress   3,932,974    216,468 
Building   1,611,858    754,321 
Total property plant and equipment, at cost   9,431,058    3,881,309 
Less: accumulated depreciation   (2,328,503)   (1,724,095)
Property, plant and equipment, net  $7,102,555   $2,157,214 

 

Additions to property and equipment for the years ended December 31, 2025 and 2024 were $5,239,108 and $715,202, respectively. Disposals during these periods were $4,947 and $0, respectively.

 

Depreciation expenses were $519,185, $426,275, and $385,666 for the years ended December 31, 2025, 2024, and 2023, respectively.

 

The depreciation expenses included in the cost of sales during the years ended December 31, 2025, 2024, and 2023 were $357,058, $261,090, and $243,284, respectively.