Quarterly report [Sections 13 or 15(d)]

PROPERTY AND EQUIPMENT, NET

v3.26.1
PROPERTY AND EQUIPMENT, NET
3 Months Ended
Mar. 31, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

Note 5. PROPERTY AND EQUIPMENT, NET

 

Property and equipment are summarized below:

 

    March 31, 2026     December 31, 2025  
             
Lab equipment   $ 708,027     $ 679,995  
Computers and software     81,433       81,433  
Leasehold improvements     32,781       32,781  
Vehicles     130,590       175,630  
Property and equipment, gross     952,831       969,839  
Less: accumulated depreciation and amortization     (705,982 )     (704,246 )
Total property and equipment, net   $ 246,849     $ 265,593  

 

Depreciation expense was $24,408 and $43,763 for the three months ended March 31, 2026 and 2025, respectively.