v3.26.1
Property and Equipment
 3 Months Ended
Mar. 31, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment

Note 5 – Property and Equipment

 

At March 31, 2026 and December 31, 2025, property and equipment consisted of the following:

        
   March 31, 2026   December 31, 2025 
Building improvement  $14,620   $14,620 
Furniture and fixtures   42,881    42,676 
Equipment   170,022    168,749 
Software   1,995    1,995 
Total cost   229,518    228,040 
Less accumulated depreciation   (168,597)   (161,335)
Property and equipment, net  $60,921   $66,705 

 

Depreciation expense for the three months ended March 31, 2026 and 2025 amounted to $6,722 and $5,453, respectively.

 

As of March 31, 2026, the Company had placed a $525,000 deposit on a purchase of a building which is recorded in other assets on the accompanying balance sheet. The building was subsequently purchased for $17,700,000 (See Note 11).