|
Note 7 - Property and Equipment
Property and equipment, net, as of June 30, 2026 and December 31,
2025, consisted of the following:
| |
|
Estimated
useful life |
|
June 30,
2026 |
|
|
December 31,
2025 |
|
| Equipment |
|
3
to 10
years |
|
$ |
665,303 |
|
|
$ |
665,303 |
|
| Leasehold improvements |
|
Lesser of lease term or estimated useful life |
|
|
16,400 |
|
|
|
16,400 |
|
| Less: Accumulated depreciation and amortization |
|
|
|
|
(78,482 |
) |
|
|
(36,463 |
) |
| Property and equipment, net |
|
|
|
$ |
603,221 |
|
|
$ |
645,240 |
|
| |
|
For the Three Months
Ended
June 30, |
|
|
For the Six Months Ended
June 30, |
|
| |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
| Depreciation expense |
|
$ |
21,010 |
|
|
$ |
5,101 |
|
|
$ |
42,019 |
|
|
$ |
5,101 |
|
|