Property and Equipment |
3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property and Equipment |
Note 5 – Property and Equipment
At March 31, 2025 and December 31, 2024, property and equipment consisted of the following:
Depreciation expense for the three months ended March 31, 2025 and 2024 amounted to $5,453 and $35,330, respectively.
On July 8, 2024, the Company entered into a twelve-month Standard Industrial/Commercial Single-Tenant Lease with a third party for an approximately 14,004 square foot office and warehouse space. The lease commenced on July 4, 2024 and will end on July 31, 2025. The monthly rent is $16,804. The Company entered into a First Lease Amendment on March 21, 2025, extending the lease until January 31, 2026, with no changes to the original terms.
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