Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT, NET

v3.24.1.1.u2
PROPERTY AND EQUIPMENT, NET
3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

Note 5. PROPERTY AND EQUIPMENT, NET

 

Property and equipment are summarized below:

 

    March 31, 2024     December 31, 2023  
             
Lab equipment   $ 647,214     $ 647,214  
Computers and software     68,682       68,682  
Leasehold improvements     9,941       9,941  
Vehicles     148,102       105,919  
Property and equipment, gross     873,939       831,756  
Accumulated depreciation     (412,730 )     (373,123 )
Total property and equipment, net   $ 461,209     $ 458,633  

 

Depreciation expense was $38,811 and $21,685 for the three months ended March 31, 2024 and 2023, respectively.