Annual report [Section 13 and 15(d), not S-K Item 405]

PROPERTY AND EQUIPMENT

v3.25.1
PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2024
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

 

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

 

 

 

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

 

 

(175,574 )

 

 

(143,608 )

 

 

$ 18,977

 

 

$ 50,943

 

 

Depreciation expense charged to operations amounted to $31,966 and $25,629, respectively, for the year ended December 31, 2024 and 2023.