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Property and Equipment
 4 Months Ended
Apr. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 6 – Property and Equipment

 

Property and equipment consisted of the following: 

 

   April 30,   December 31, 
   2025   2024 
Furniture, equipment and computers  $105,653   $105,653 
Vehicles   15,000    15,000 
Property and equipment, gross   120,653    120,653 
Accumulated depreciation   (116,412)   (114,955)
Property and equipment, net  $4,241   $5,698 

 

Depreciation expense amounted to $1,457 for the four months ended April 30, 2025, of which $178 was allocated to cost of revenue, $45 was allocated to inventory, with the remainder recorded as selling, general and administrative expense. Depreciation expense amounted to $8,483 for the four months ended April 30, 2024, of which $713 was allocated to cost of revenue, $179 was allocated to inventory, with the remainder recorded as selling, general and administrative expense. Depreciation expense amounted to $20,065 for the year ended December 31, 2024, of which $2,139 was allocated to cost of revenue, $535 was allocated to inventory, with the remainder recorded as selling, general and administrative expense. Depreciation expense amounted to $29,655 for the year ended December 31, 2023, of which $2,818 was allocated to cost of revenue, $705 was allocated to inventory, with the remainder recorded as selling, general and administrative expense.

 

 

CEA Industries Inc.

Notes to Consolidated Financial Statements

April 30, 2025

(in US Dollars except share numbers)