Quarterly report [Sections 13 or 15(d)]

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2025
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 6 - PROPERTY AND EQUIPMENT

 

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

 

 

 

September 30, 2025

 

 

December 31,

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

 

Total plant, property & equipment

 

 

194,551

 

 

 

194,551

 

Less accumulated depreciation

 

 

(186,866 )

 

 

(175,574 )

Total plant, property & equipment, net of accumulated depreciation

 

$ 7,685

 

 

$ 18,977

 

 

Depreciation expense charged to operations amounted to $1,474 and $6,420, respectively, for the three months ended September 30, 2025 and 2024. Depreciation expense charged to operations amounted to $7,997 and $19,258, respectively, for the nine months ended September 30, 2025 and 2024.