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Property and Equipment
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 3. Property and Equipment

 

Property and equipment consisted of the following as of:

 

   June 30, 2025   December 31, 2024 
Land  $1,778,987   $1,778,987 
Building & Building Improvements   11,544,847    11,523,813 
Computer equipment   1,303,864    1,301,700 
Furniture and office equipment   349,669    349,669 
Machinery and equipment   4,833,395    4,368,752 
STEP equipment   3,021,780    2,561,775 
Leasehold improvements   340,703    336,763 
Construction in Progress   44,666    - 
           
Total property and equipment   23,217,911    22,221,459 
Less: Accumulated depreciation and amortization   (6,766,678)   (6,016,796)
           
Property and equipment, net  $16,451,233   $16,204,663 

 

Depreciation expenses, including STEP depreciation, were $749,879 and $520,633 for the six months ended June 30, 2025, and 2024, respectively.