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Property and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment

 NOTE 5 - Property and Equipment

 

Property and equipment were comprised of the following as of December 31, 2024 and 2023, respectively:

 

   December 31, 2024   December 31, 2023 
         
Property and equipment  $381,067   $368,729 
Accumulated depreciation and amortization   (324,270)   (219,941)
Total property and equipment, net  $56,797   $148,788 

 

 

HOUR LOOP, INC.

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 

December 31, 2024 and 2023

 

For the years ended December 31, 2024 and 2023, the Company purchased $35,996 and $14,823, of fixtures and office equipment, respectively.

 

For the years ended December 31, 2024 and 2023, the Company had $119,064 and $138,001, recorded for depreciation, respectively.

 

For the years ended December 31, 2024 and 2023, the Company had no disposal or pledge on property and equipment.