XML 23 R12.htm IDEA: XBRL DOCUMENT v3.25.2
PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2025
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

 

The following is a summary of property and equipment—at cost, less accumulated depreciation:

 

 

 

June 30,

2025

 

Trucks

 

$

55,000

 

 

 

 

 

 

Equipment

 

 

2,573

 

 

 

 

 

 

Total cost

 

 

57,573

 

 

 

 

 

 

Less accumulated depreciation

 

 

(32,989 )

 

 

 

 

 

Net, property and equipment

 

$24,584

 

 

Depreciation expense for the three and six months ended June 30, 2025 and 2024 was $2,762 and $2,742 (three months) and $5,504 and $5,485 (six months), respectively. The trucks are being depreciated over a useful life of 5 years.