XML 28 R17.htm IDEA: XBRL DOCUMENT v3.25.2
Property and Equipment
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 8 – Property and Equipment

 

Property and equipment consist of assets with an estimated useful life greater than one year and are reported net of accumulated depreciation. The reported values are periodically assessed for impairment, and were as follows:

 

  

June 30,

2025

  

December 31,

2024

 
Equipment and related  $1,851,817   $1,633,105 
Leasehold improvements   1,573,034    1,556,139 
Furniture and fixtures   570,484    226,465 
Accumulated depreciation   (1,864,414)   (1,535,000)
Net carrying value  $2,130,921   $1,880,709 

 

Depreciation expense totaled $329,414 and $466,720 for the six months ended June 30, 2025 and 2024, respectively.