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Note 8 - Property and equipment, net
12 Months Ended
Dec. 31, 2024
Notes  
Note 8 - Property and equipment, net

Note 8 – Property and equipment, net

 

Property and equipment, net consist of the following:

 

 

 

As of

December 31,

2024

 

 

As of

December 31,

2023

 

 

 

 

 

 

 

 

Buildings

 

$

6,328,381

 

 

$

6,552,833

 

Office equipment

 

 

847,955

 

 

 

646,830

 

Operation equipment

 

 

1,605,896

 

 

 

1,522,831

 

Subtotal

 

 

8,782,232

 

 

 

8,722,494

 

Less: accumulated depreciation

 

 

(2,609,056)

 

 

 

(2,396,125

)

Total

 

$

6,173,176

 

 

$

6,326,369

 

 

Depreciation expense for the years ended December 31, 2024, 2023 and 2022 amounted to $365,366, $248,146 and $174,440, respectively.