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

(4) Property and Equipment

 

Property and equipment, net consisted of the following at June 30, 2026 and December 31, 2025:

 

   Estimated        
   Useful Life  June 30,   December 31, 
   (in years)  2026   2025 
Equipment  2-7  $4,662,280   $4,662,280 
Furniture and fixtures  7   145,754    145,754 
Computer equipment  5   46,994    46,994 
Leasehold improvements  5   489,395    474,462 
Construction-in-process  -   346,727    233,397 
Property and equipment, gross       5,691,150    5,562,887 
Less: accumulated depreciation      (4,056,396)   (3,836,968)
Property and equipment, net      $1,634,754   $1,725,919 

 

Depreciation expense was $219,428 and $312,280, respectively, for the six-month periods ended June 30, 2026 and 2025. Depreciation expense was $98,243 and $146,989, respectively, for the three-month periods ended June 30, 2026 and 2025.