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

PROPERTY AND EQUIPMENT

v3.26.1
PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

The major classes of property and equipment are as follows at December 31, 2025 and December 31, 2024:

           
    December 31,
2025
    December 31,
2024
 
Furniture and Fixtures   $ 161,097     $ 132,018  
Tools and Equipment     1,618,643       1,569,034  
EDC PODS and Generators     1,791,061        
Leasehold Improvements     306,910       298,004  
Construction in Progress     25,589,371       2,099,493  
Internal Use Software     381,441       381,441  
      29,848,523       4,479,990  
Accumulated Depreciation     (2,110,717 )     (1,708,211 )
Property and Equipment, net   $ 27,737,806     $ 2,771,779  

 

 

    December 31,
2025
    December 31,
2024
 
Internal Use Software consisted of the following:                
Internal Use Software   $ 381,441     $ 381,441  
Accumulated Depreciation     (322,487 )     (225,429 )
Internal Use Software, net   $ 58,954     $ 156,012  

 

 

             
    December 31,
2025
    December 31,
2024
 
Depreciation Expense:                
Property and equipment, excluding internal use software   $ 305,447     $ 239,302  
Internal Use Software amortization expense     97,058       92,280  
    $ 402,505     $ 331,582