Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2024
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

 

The Company’s property and equipment consisted of the following at March 31, 2024 and December 31, 2023:

 

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Office equipment

 

$ 45,519

 

 

$ 45,519

 

Computer equipment

 

 

5,544

 

 

 

5,544

 

Manufacturing equipment

 

 

101,200

 

 

 

101,200

 

Leasehold improvement

 

 

42,288

 

 

 

42,288

 

 

 

 

194,551

 

 

 

194,551

 

Less accumulated depreciation

 

 

(150,027 )

 

 

(143,608 )

 

 

$ 44,524

 

 

$ 50,943

 

 

Depreciation expense charged to operations amounted to $6,419 and $6,370, respectively, for the three months ended March 31, 2024 and 2023.