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Property and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 6 – PROPERTY AND EQUIPMENT

Property and equipment, net consisted of the following on December 31:

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Computers and computer equipment

 

$

1,226,941

 

 

$

1,146,490

 

Furniture and office equipment

 

 

527,663

 

 

 

503,180

 

Manufacturing equipment and engineering tools

 

 

2,745,557

 

 

 

2,738,520

 

ERP Financial System

 

 

3,214,109

 

 

 

3,081,805

 

Leasehold improvements

 

 

1,045,483

 

 

 

1,045,483

 

Vehicles

 

 

45,026

 

 

 

37,746

 

 

 

 

8,804,779

 

 

 

8,553,224

 

Less: accumulated depreciation and amortization

 

 

(7,135,754

)

 

 

(6,183,000

)

 

 

$

1,669,026

 

 

$

2,370,224

 

 

During the years ended December 31, 2024 and 2023, the Company incurred $1,041,837 and $1,035,362 of depreciation expense related to property and equipment, respectively.