| Property and Equipment |
Note 4- Property and Equipment
Property and equipment, at cost, consist of the following:
| Schedule of property and equipment | |
| |
|
| | |
March 31, | |
December 31, |
| | |
2024 | |
2023 |
| Storage equipment | |
$ | 60,288 | | |
$ | 60,288 | |
| Furniture and fixtures | |
| 21,625 | | |
| 21,625 | |
| Leasehold improvements | |
| 20,983 | | |
| 20,983 | |
| Computer hardware and software | |
| 123,792 | | |
| 117,379 | |
| Data center equipment | |
| 7,970,174 | | |
| 7,617,950 | |
| Gross Property and equipment | |
| 8,196,862 | | |
| 7,838,225 | |
| Less: Accumulated depreciation | |
| (5,331,503 | ) | |
| (5,105,451 | ) |
| Net property and equipment | |
$ | 2,865,359 | | |
$ | 2,732,774 | |
Depreciation expense for the three months ended March
31, 2024, and 2023 was $226,051 and $218,979, respectively.
|