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v3.25.2

Property and Equipment, net | 6 Months Ended
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Jun. 30, 2025
Property and Equipment, net |
Property and Equipment, net | Note 3. Property and Equipment, net Property and equipment consists of the following as of June 30, 2025 and December 31, 2024:
|  | June 30, 2025 |  |  | December 31, 2024 |
Computers and electronic equipment |  | $ | 55,532 |  |  | $ | 55,532 |
Furniture and fixtures |  |  | 91,018 |  |  |  | 91,018 |
Leasehold improvements |  |  | 177,865 |  |  |  | 177,865 |
Total property and equipment |  |  | 324,415 |  |  |  | 324,415 |
Less: accumulated depreciation |  |  | (138,240 | ) |  |  | (105,798 | )
Total property and equipment, net |  | $ | 186,175 |  |  | $ | 218,617 |
Depreciation expense was $16,221 and $13,624 for the three months ended June 30, 2025 and 2024, respectively, and $32,442 and $23,380 for the six months ended June 30, 2025 and 2024, respectively. Depreciation expense is included within general and administrative expenses in the Company’s statements of operations.

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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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