Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2024

Property and Equipment

Schedule of Property and Equipment

Property and equipment as of December 31, 2024 and 2023 consisted of the following:

	Useful Lives (Years)	December 31,
		2024			2023
Construction in progress	—	$	13,969,784		$	9,108,923
Tools, machinery and equipment	3 - 10		5,898,618			1,458,654
Plant	10		2,269,204			—
Computer equipment	3 - 4		145,225			60,447
Vehicles	5		292,498			39,849
Software	5		1,590			1,639
Office furniture	7 - 10		147,079			59,588
Leasehold improvements	5		115,890			21,446
Property and equipment, at cost			22,839,888			10,750,546
Less accumulated depreciation			(485,511	)		(37,707	)
Property and equipment, net		$	22,354,377		$	10,712,839