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Property and Equipment | 9 Months Ended
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Sep. 30, 2024
Property, Plant and Equipment [Abstract] |
Property and Equipment | Note 3. Property and Equipment The following table sets forth the components of the Company’s property and equipment at September 30, 2024 and December 31, 2023:
Schedule of property and equipment, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | September 30, 2024 |  |  | December 31, 2023 |
|  | Gross Carrying Amount |  |  | Accumulated Depreciation |  |  | Net Book Value |  |  | Gross Carrying Amount |  |  | Accumulated Depreciation |  |  | Net Book Value |
Office furniture |  | $ | 14,998 |  |  | $ | 14,998 |  |  | $ | 0 |  |  | $ | 14,998 |  |  | $ | 7,823 |  |  | $ | 7,175 |
Vehicles |  |  | 36,432 |  |  |  | 36,432 |  |  |  | 0 |  |  |  | 36,432 |  |  |  | 33,396 |  |  |  | 3,036 |
Equipment |  |  | 942,880 |  |  |  | 539,814 |  |  |  | 403,066 |  |  |  | 942,880 |  |  |  | 435,260 |  |  |  | 507,620 |
Property |  |  | 17,000 |  |  |  | - |  |  |  | 17,000 |  |  |  | 17,000 |  |  |  | 0 |  |  |  | 17,000 |
Finance lease- Right of use assets |  |  | 3,579,544 |  |  |  | 2,270,142 |  |  |  | 1,309,402 |  |  |  | 3,579,544 |  |  |  | 1,484,324 |  |  |  | 2,095,220 |
Construction in process: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wash Plant Facilities |  |  | 5,722,632 |  |  |  | - |  |  |  | 5,722,632 |  |  |  | 3,344,968 |  |  |  | - |  |  |  | 3,344,968 |
Cavitation device |  |  | 72,201 |  |  |  | - |  |  |  | 72,201 |  |  |  | 72,201 |  |  |  | - |  |  |  | 72,201 |
Remediation Processing Unit 1 |  |  | 4,594,325 |  |  |  | - |  |  |  | 4,594,325 |  |  |  | 4,464,513 |  |  |  | - |  |  |  | 4,464,513 |
Remediation Processing Unit 2 |  |  | 9,101,198 |  |  |  | - |  |  |  | 9,101,198 |  |  |  | 8,187,425 |  |  |  | - |  |  |  | 8,187,425 |
Remediation Processing Unit System A |  |  | 2,936,167 |  |  |  | - |  |  |  | 2,936,167 |  |  |  | 2,795,391 |  |  |  | - |  |  |  | 2,795,391 |
Remediation Processing Unit System B |  |  | 2,936,167 |  |  |  | - |  |  |  | 2,936,167 |  |  |  | 2,795,391 |  |  |  | - |  |  |  | 2,795,391 |
WCCC Tank Expansion |  |  | 1,256,484 |  |  |  | - |  |  |  | 1,256,484 |  |  |  | 9,377 |  |  |  | - |  |  |  | 9,377 |
Total fixed assets |  | $ | 31,210,028 |  |  | $ | 2,861,386 |  |  | $ | 28,348,642 |  |  | $ | 26,260,120 |  |  | $ | 1,960,803 |  |  | $ | 24,299,317 |
For the nine months ending September 30, 2024 and 2023, depreciation expense was $114,765 and $111,452. Equipment that is currently being manufactured is considered construction in process and is not depreciated until the equipment is placed into service. Equipment that is temporarily not in service is not depreciated until placed into service.

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