v3.26.3
Property and Equipment, net
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Property and Equipment, net [Abstract]    
Property and Equipment, net

Note 7 - Property and Equipment, net

 

The following table presents property and equipment as of June 30, 2026 and December 31, 2025:

 

    June 30,
2026		     December 31,
2025		  
Building   $ 433,448     $ 433,448  
Building improvements     1,341,493       827,843  
Land     2,367,443       2,367,443  
Machinery and equipment     1,361,960       1,361,960  
Computer and office equipment     64,702       64,702  
Furniture and fixtures     226,802       226,802  
Total property and equipment     5,795,848       5,282,198  
Less: Accumulated depreciation     (1,376,285 )     (1,311,685 )
Total property and equipment, net   $ 4,419,563     $ 3,970,513  
                 
Construction-in-process   $ 505,307     $ 961,032  

 

During the three months ended June 30, 2026 and 2025, depreciation expense related to property and equipment, net was $35,986 and $29,872, respectively. During the six months ended June 30, 2026 and 2025, depreciation expense was $64,600 and $52,967, respectively. 

Note 3 - Property and Equipment, net

 

The following table presents property and equipment as of December 31, 2025 and 2024:

 

    2025     2024  
Building   $ 433,448     $ 433,448  
Building improvements     827,843       800,629  
Land     2,367,443       75,000  
Machinery and equipment     1,361,960       1,259,372  
Computer and office equipment     64,702       64,702  
Furniture and fixtures     226,802       68,066  
Total property and equipment     5,282,198       2,701,217  
Less: Accumulated depreciation     (1,311,685 )     (1,196,640 )
Total property and equipment, net   $ 3,970,513     $ 1,504,577  
                 
Construction-in-process   $ 961,032     $ 190,422  

 

Depreciation expense related to property and equipment, net was $115,046 and $89,125 for the years ended December 31, 2025 and 2024, respectively.