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

NOTE 6 - PROPERTY AND EQUIPMENT

 

Property and equipment, stated at cost less accumulated depreciation, consisted of the following:

 

   As of December 31, 
   2025   2024 
Mechanical equipment  $6,250,038   $5,182,648 
Leasehold improvements   303,418    
-
 
Electronic equipment   76,359    36,360 
Vehicles   350,738    342,950 
Subtotal   6,980,553    5,561,958 
Less: accumulated depreciation   (2,085,074)   (1,704,758)
Property and equipment, net  $4,895,479   $3,857,200 

 

For the years ended December 31, 2025 and 2024, depreciation expense amounted to $582,643 and $515,982, respectively.

 

For the year ended December 31, 2025, the Company disposed of fixed assets with a net carrying value of $116,748. These fixed assets were sold for proceeds of $47,451, resulting in a disposal loss of $69,297.

 

For the year ended December 31, 2024, the Company disposed of fixed assets with a net carrying value of $52,988. These fixed assets were sold for proceeds of $28,083, resulting in a disposal loss of $24,905.