Property and Equipment

9 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

NOTE 5 - Property and Equipment

Property and equipment were comprised of the following as of September 30, 2023 and December 31, 2022, respectively:

	September 30,			December 31,
	2023			2022
Property and equipment	$	350,377		$	353,574
Accumulated depreciation and amortization		(175,238	)		(79,379	)
Total property and equipment, net	$	175,139		$	274,195

For the nine months ended September 30, 2023 and twelve months ended December 31, 2022, the Company purchased $14,024 and $339,518, for fixtures and equipment, respectively.

For the nine months ended September 30, 2023 and twelve months ended December 31, 2022, the Company had $100,441 and $79,084, for depreciation, respectively.

For the nine months ended September 30, 2023 and twelve months ended December 31, 2022, the Company had no disposal or pledge, respectively.

HOUR LOOP, INC.

NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS