Quarterly report [Sections 13 or 15(d)]

PROPERTY AND EQUIPMENT

v3.25.2
PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2025
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 6 - PROPERTY AND EQUIPMENT

 

The Company’s property and equipment consisted of the following at June 30, 2025 and December 31, 2024:

 

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

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

 

 

(183,468 )

 

 

(175,574 )

 

 

$ 11,083

 

 

$ 18,977

 

 

Depreciation expense charged to operations amounted to $4,130 and $6,419, respectively, for the three months ended June 30, 2025 and 2024. Depreciation expense charged to operations amounted to $7,894 and $12,838, respectively, for the six months ended June 30, 2025 and 2024.