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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2024
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 3 – PROPERTY AND EQUIPMENT

 

The Company’s policy is to capitalize all property and equipment purchases over $1,000 and depreciates the assets over their useful lives of 3 to 7 years.

 

Property and equipment consists of the following on December 31, 2024 and 2023

 

 

 

December 31,

2024

 

 

December 31,

2023

 

Computers – 3 year estimated useful life

 

$108,622

 

 

$108,622

 

Less – Accumulated Depreciation

 

 

(108,622 )

 

 

(108,622 )

Property and Equipment, net

 

$-

 

 

$-

 

 

Depreciation has been provided over each asset’s estimated useful life. Depreciation expenses were $1,244,525 and $2,507 for the twelve months ended December 31, 2024 and 2023, respectively.