XML 69 R11.htm IDEA: XBRL DOCUMENT v3.25.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2024
Property and Equipment, Net  
Property and Equipment, Net

NOTE 4 — Property and Equipment, Net

Property and equipment, net as of December 31, 2024 and 2023 consists of the following:

    

Estimated useful life

    

December 31, 2024

    

December 31, 2023

Finance lease ROU asset

 

4-5 years

 

33,662

 

33,662

Computers and equipment

 

3-5 years

 

164,299

 

162,386

Less: Accumulated depreciation and amortization

 

  

 

(146,574)

 

(114,010)

Property and equipment, net

 

  

 

51,387

 

82,038

Depreciation and amortization were $32,564 and $36,634 for the year ended December 31, 2024 and 2023, respectively. For the year ended December 31, 2024 and 2023, the Company focused primarily on research and development which were expensed as incurred as the costs had no alternative future use.