v3.26.3
Property and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property and Equipment, Net  
Property and Equipment, Net

12. Property and Equipment, Net

 

Components of property and equipment, net are as follows:

 

 

 

June 30,

2026

 

 

December 31,

2025

 

 

 

 

 

 

 

 

Automobiles

 

$730,677

 

 

$727,756

 

Furniture and equipment

 

 

1,385,186

 

 

 

1,381,185

 

Solar systems leased to customers

 

 

1,261,703

 

 

 

1,261,703

 

Leasehold improvements

 

 

2,300,011

 

 

 

2,294,833

 

Total property and equipment, gross

 

 

5,677,577

 

 

 

5,665,477

 

Less: accumulated depreciation and amortization

 

 

(5,563,228)

 

 

(5,526,587)

Total property and equipment, net

 

$114,349

 

 

$138,890

 

 

Depreciation expense for the three months ended June 30, 2026 and 2025 were approximately $12,000 and $17,000, respectively, and for the six months ended June 30, 2026 and 2025, were approximately $25,000 and $36,000, respectively.