Property and Equipment

9 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 7 – Property and Equipment

The estimated useful lives and accumulated depreciation for equipment are as follows as of September 30, 2024, and December 31, 2023:

	Estimated Useful Life
Manufacturing equipment	6 to 10 years
Medical equipment	7 to 10 years
Office equipment	3 to 7 years

	September 30, 2024			December 31, 2023
Manufacturing equipment	$	132,513		$	132,513
Medical equipment		404,272			303,943
Office equipment		89,904			85,404
Leasehold improvements		96,817			538,151
Less: accumulated depreciation		(308,261	)		(233,593	)
Total equipment, net	$	415,245		$	826,418

During the three months ended September 30, 2024, and 2023, the Company recorded depreciation expense of $26,120 and $20,504, respectively.

During the nine months ended September 30, 2024, and 2023, the Company recorded depreciation expense of $74,668 and $59,296, respectively.

For the nine months ended September 30, 2024, the Company recognized a loss on disposal of fixed assets of $511,663 related to the termination of the Tampa Project.