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Property Plant and Equipment (Tables)

6 Months Ended

Jun. 30, 2025

Property Plant and Equipment [Abstract]

Schedule of Property Plant and Equipment

Property plant and equipment, net consisted of the following:

		June 30, 2025				December 31, 2024
Rental vehicles			26,869,908				26,747,580
Furniture and fixtures			1,368,493				1,290,201
Leasehold improvements			880,697				798,889
Less: Accumulated depreciation			(24,989,322	)			(23,343,499	)
Total property plant and equipment, net			4,129,776				5,493,171

Schedule of Depreciation Expenses

The following table summarizes the depreciation expenses recorded in the unaudited interim condensed consolidated statements of operations for the periods ended June 30, 2025 and 2024:

		January 1 -				January 1 -
		June 30, 2025				June 30, 2024
Cost of revenues			1,446,749				4,040,986
General and administrative expenses			199,074				183,498
Total			1,645,823				4,224,484

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- Definition

Tabular disclosure of the depreciation expenses.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

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