v3.24.2.u1
PROPERTY, PLANT AND EQUIPMENT
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Property, Plant and Equipment [Abstract]    
PROPERTY, PLANT AND EQUIPMENT

NOTE 6 – PROPERTY, PLANT AND EQUIPMENT

 

During the six months ended June 30, 2024 and 2023, the Company acquired computers and office equipment totaling $0 and $3,519, respectively. Depreciation for the six months ended June 30, 2024 and 2023 was $1,749 and $6,082, respectively. On May 15, 2024, the Company disposed of $119,819 of equipment to Epiq Scripts, a related party, in an arm’s length transaction. The equipment was sold for $65,000, realizing a loss on sale of assets of $18,837. Total net property, plant and equipment was $3,313 and $96,129, as of June 30, 2024 and December 31, 2023, respectively. The below schedule shows property, plant and equipment as of:

 

   June 30, 2024   December 31, 2023 
         
Computers   5,062         5,062 
Equipment   119,819    119,819 
Less accumulated depreciation:   (1,749)   (28,752)
Disposed equipment   (119,819)   119,819 
Property and equipment, net   3,313    96,129 

 

NOTE 5 – PROPERTY, PLANT AND EQUIPMENT

 

During the year ended December 31, 2023, the Company acquired computers and office equipment totaling $3,519. Depreciation for the year ended December 31, 2023 and 2022 was $24,889 and $3,863, respectively. Total net property, plant and equipment was $96,129 and $117,499, as of December 31, 2023 and 2022, respectively.

 

   December 31, 2023   December 31, 2022 
         
Computers   5,062    5,062 
Equipment   119,819    116,300 
Less accumulated depreciation:   (28,752)   (3,863)
Property and equipment, net   96,129    117,499