XML 108 R12.htm IDEA: XBRL DOCUMENT v3.24.4
Property and Equipment
 6 Months Ended
Jun. 30, 2024
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following:

 

   As of
June 30,		   As of
December 31,		 
   2024   2023 
Internally-developed software  $904,154   $691,745 
Furniture   126,007    126,007 
Equipment and vehicles   2,338,589    2,220,168 
Property and equipment   3,368,750    3,037,920 
Accumulated depreciation   (1,079,144)   (748,197)
   $2,289,606   $2,289,723 

 

Depreciation expense related to the Company’s property and equipment was $162,542 and $131,244 for the three months ended June 30, 2024 and 2023, respectively, and $330,946 and $230,383 for the six months ended June 30, 2024 and 2023, respectively, which are included in depreciation and amortization expense on the accompanying condensed consolidated statements of operations.