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

PROPERTY AND EQUIPMENT, NET

v3.25.1
PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

Note 5. PROPERTY AND EQUIPMENT, NET

 

Property and equipment at December 31, 2024 and 2023, are summarized below:

 

             
    December 31,  
    2024     2023  
             
Lab equipment   $ 662,747     $ 647,214  
Computers and software     81,433       68,682  
Leasehold improvements     19,353       9,941  
Vehicles     148,103       105,919  
Property and equipment, gross     911,636       831,756  
Less: accumulated depreciation and amortization     (536,251 )     (373,123 )
Total property and equipment, net   $ 375,385     $ 458,633  

 

Total property and equipment depreciation and amortization expense was $162,332 and $233,064 for the years ended December 31, 2024 and 2023, respectively.