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

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment, net, were as follows:

SCHEDULE OF PROPERTY AND EQUIPMENT  

   As of
June 30,		   As of
December 31,		 
   2026   2025 
Leasehold Improvements  $197,475   $191,059 
Furniture and equipment   14,951,545    14,500,083 
Land and buildings   171,444,271    157,646,079 
Aircraft   23,538,763    23,538,763 
Construction in progress   253,378,905    122,737,630 
Property and equipment, gross  $463,510,959   $318,613,614 
Accumulated depreciation and amortization   (17,271,894)   (12,666,337)
 Property and equipment, net    $446,239,065   $305,947,277 

 

Depreciation and amortization expenses relating to property and equipment for the three and six months ended June 30, 2026 were $2,384,051and $4,743,163, respectively. Depreciation and amortization expenses relating to property and equipment for the three and six months ended June 30, 2025 were $1,357,281 and $2,715,965, respectively.