Note 3 - Property and Equipment, Net

9 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

3. Property and Equipment, Net

Components of property and equipment, net, consist of the following as of  September 30, 2024 and December 31, 2023:

	September 30,			December 31,
	2024			2023
Furniture and fixtures	$	70,136		$	56,646
Leasehold improvements		188,824			136,847
Machinery and equipment		272,775			172,527
Vehicles		365,440			297,940
Test/Demo vehicles		30,685			30,685
Total property and equipment		927,860			694,645
Less accumulated depreciation		(486,132	)		(373,958	)
Net property and equipment	$	441,728		$	320,687

Depreciation expense was $36,303 and $112,174 for the three and nine months ended September 30, 2024, respectively. Depreciation expense was $34,192 and $93,737 for the three and nine months ended September 30, 2023, respectively.