PROPERTY AND EQUIPMENT, NET

9 Months Ended

Sep. 30, 2025

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET

NOTE 6 — PROPERTY AND EQUIPMENT, NET

The following table summarizes the details of the Company’s property and equipment, net:

	September 30,		December 31,
	2025		2024
Consumer
Land	$	1,824,892	$	1,824,892
Building and improvements		6,131,612		6,078,606
Leasehold improvements		1,972,648		1,736,193
Furniture and fixtures		1,409,893		1,203,540
Machinery and equipment		1,614,325		1,570,704
Vehicles		53,318		53,318
Construction in progress (1)		141,200		135,856
		13,147,888		12,603,109
Less: accumulated depreciation		(3,684,757)		(3,287,437)
Sub-total		9,463,131		9,315,672
Commercial
Leasehold improvements		160,850		172,391
Furniture and fixtures		74,811		74,811
Machinery and equipment		1,389,680		1,336,427
Vehicles		206,556		206,556
		1,831,897		1,790,185
Less: accumulated depreciation		(1,277,312)		(1,112,694)
Sub-total		554,585		677,491
Corporate
Land		1,106,664		1,106,664
Building and improvements		2,730,138		2,688,523
Furniture and fixtures		35,197		—
Machinery and equipment		59,155		28,627
Construction in progress (1)		141,205		—
		4,072,359		3,823,814
Less: accumulated depreciation		(367,428)		(301,815)
Sub-total		3,704,931		3,521,999
	$	13,722,647	$	13,515,162

(1) As of September 30, 2025 and December 31, 2024, these assets are being constructed, have not yet been placed into service, and are not yet depreciable.