General form for registration of securities under the Securities Act of 1933

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.