v3.26.3
Property and Equipment, net
 9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, net

Note 7 – Property and Equipment, net

 

Property and equipment consist of assets with an estimated useful life greater than one year. Property and equipment are reported net of accumulated depreciation, and the reported values are periodically assessed for impairment. Property and equipment as of:

         
   September 30,
2026		   December 31,
2025		 
Computer equipment  $829,285   $35,973 
Motor production equipment   6,301,428    2,083,354 
Office equipment   237,021    – 
Tenant improvements   1,382,324    149,280 
Total Property and Equipment   8,750,058    2,268,607 
           
Accumulated depreciation   (249,535)   (34,716)
Total property and equipment, net  $8,500,523   $2,233,891 

 

Depreciation expense totaled $214,529 and $2,369 for the nine months ended September 30, 2026 and 2025, respectively. A total of $185,431 and $0 of depreciation expense was recorded to cost of goods sold in related to the production of motors for the nine months ended September 30, 2026 and 2025, respectively.