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PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 7 — PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net, consist of the following:

 

   December 31, 2024   December 31, 2023 
Furniture and Fixtures  $125,977   $125,977 
Machinery equipment   360,868    89,418 
Vehicles   473,667    670,793 
Electronic equipment   35,303    35,303 
Leasehold improvement   90,974    90,974 
Subtotal   1,086,789    1,012,465 
Less: accumulated depreciation and amortization   (554,530)   (612,484)
Property and equipment, net  $532,259   $399,981 

 

The Company recorded depreciation expense of $129,598 and $151,512 for the years ended December 31, 2024 and 2023, respectively.

 

There was an addition of $387,876 and $134,662 on property and equipment during the years ended December 31, 2024 and 2023, respectively. There was a disposal of property and equipment with the net book value of $126,000 and $29,317 with realized gain of $36,001 and $15,777 on the disposal during the years ended December 31, 2024 and 2023, respectively.

 

No impairment loss was recorded for the years ended December 31, 2024 and 2023.