v3.26.1
Property and Equipment
12 Months Ended
Dec. 31, 2025
HZO, Inc. and Subsidiaries  
Property and Equipment  
Property and Equipment

6.

Property and Equipment

Property and equipment consisted of the following as of December 31:

  ​ ​ ​

2025

  ​ ​ ​

2024

Machinery and equipment

$

5,814,929

$

15,238,966

Leasehold improvements

 

1,381,241

 

2,202,945

Furniture

 

1,261,196

 

1,320,869

Electronic equipment

 

1,282,907

 

1,766,121

Other assets

 

2,566,559

 

2,751,644

Construction in progress

 

96,865

 

69,410

Total property and equipment, gross

 

12,403,697

 

23,349,955

Accumulated depreciation

 

(8,576,467)

 

(16,709,300)

Total property and equipment, net

$

3,827,230

$

6,640,655

Total depreciation expense on property and equipment was $2,674,222 and $714,540 for the years ended December 31, 2025 and 2024, respectively.