XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.24.3

Property, plant and equipment | 9 Months Ended
--- | ---
Sep. 30, 2024
Property, plant and equipment [Abstract] |
Property, plant and equipment |
7. | Property, plant and equipment
Property, plant and equipment are stated at cost less accumulated depreciation and amortization and depreciated using the straight-line method over their useful lives. At September 30, 2024 and December 31, 2023, the Company’s property, plant and equipment, net consisted of the following:
|  |  | 2024 |  |  | 2023 |
| Computer equipment and software |  | $ | 94,493 |  |  | $ | 98,756 |
| Furniture and other equipment |  |  | 271,798 |  |  |  | 271,798 |
| Leasehold improvements |  |  | 15,400 |  |  |  | 17,280 |
| Equipment and machinery |  |  | 957,378 |  |  |  | 943,464 |
| Automobiles |  |  | 4,638 |  |  |  | 4,638 |
| Building held for leases |  |  | 196,416 |  |  |  | 196,416 |
| Building |  |  | 3,366,847 |  |  |  | 969,188 |
| Construction in progress |  |  | — |  |  |  | 2,397,659 |
| Property, plant and equipment |  |  | 4,906,970 |  |  |  | 4,899,199 |
| Less: accumulated depreciation |  |  | (700,655 | ) |  |  | (511,022 | )
|  |  | $ | 4,206,315 |  |  | $ | 4,388,177 |
Depreciation expense for the three months ended September 30, 2024 and 2023 amounted to $104,835 and $92,984, respectively. Depreciation expense for the nine months ended September 30, 2024 and 2023 amounted to $189,869 and $277,573 respectively.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration