XML 76 R16.htm IDEA: XBRL DOCUMENT v3.24.2.u1
PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
Property and equipment-net consists of the following:
Estimated Useful Life in YearsJune 30,
2024
December 31,
2023
Merchandising equipment - coolers
3-7
$34,844 $21,908 
Office equipment
3-7
1,623 1,467 
Vehicles56,687 6,143 
Less: accumulated depreciation(6,872)(4,650)
Total$36,282 $24,868 
Depreciation expense amounted to approximately $1.2 million and $0.6 million for the three months ended June 30, 2024 and 2023, respectively, and is reflected in selling, general and administrative expenses. Depreciation expense amounted to approximately $2.3 million and $1.0 million for the six months ended June 30, 2024 and 2023, respectively.