v3.26.1
FIXED ASSETS, NET
6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment [Abstract]  
FIXED ASSETS, NET

3.     FIXED ASSETS, NET

 

Fixed assets consist of the following:

      
   June 30,
2026
  December 31,
2025
Equipment  $2,888,810   $2,830,319 
Software   640,407    636,582 
Furniture and fixtures   858,708    858,708 
Website costs   69,881    69,881 
Leasehold improvements   1,074,615    767,244 
    5,532,421    5,162,734 
Less: accumulated depreciation   (3,584,219)   (3,264,842)
Fixed assets, net  $1,948,202   $1,897,892 

 

Depreciation expense for the three months ended June 30, 2026 and 2025 was $162,413 and $102,672, respectively. Depreciation expense for the six months ended June 30, 2026 and 2025 was $319,377 and $204,519, respectively.