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PROPERTY AND EQUIPMENT, NET | 9 Months Ended
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Sep. 30, 2025
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT, NET | NOTE 7 — PROPERTY AND EQUIPMENT, NET Property and equipment, net, consist of the following: SCHEDULE OF PROPERTY AND EQUIPMENT, NET
|  | September 30, 2025 |  |  | December 31, 2024 |
Furniture and Fixtures |  | $ | 125,977 |  |  | $ | 125,977 |
Machinery equipment |  |  | 360,868 |  |  |  | 360,868 |
Vehicles |  |  | 473,667 |  |  |  | 473,667 |
Electronic equipment |  |  | 35,303 |  |  |  | 35,303 |
Leasehold improvement |  |  | 90,974 |  |  |  | 90,974 |
Subtotal |  |  | 1,086,789 |  |  |  | 1,086,789 |
Less: accumulated depreciation and amortization |  |  | (594,120 | ) |  |  | (554,530 | )
Property and equipment, net |  | $ | 492,669 |  |  | $ | 532,259 |
The Company recorded depreciation expense of $37,946 and $31,127 for the three months ended September 30, 2025 and 2024, respectively. The Company recorded depreciation expense of $104,951 and $98,111 for the nine months ended September 30, 2025 and 2024, respectively. There was an addition of $65,361 and an addition of $424,164 on property and equipment during the nine months ended September 30, 2025 and 2024, respectively. There was no disposal of property and equipment during the three months ended September 30, 2025 and 2024, respectively. There was no disposal and disposal of property and equipment with the net book value of $126,000 with realized gain of $36,001 on the disposal during the nine months ended September 30, 2025 and 2024, respectively. No impairment loss was recorded for the three and nine months ended September 30, 2025 and 2024. MASSIMO GROUP AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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