Annual report [Section 13 and 15(d), not S-K Item 405]

PROPERTY AND EQUIPMENT

v3.25.1
PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of:

 

    Estimated Life     December 31, 2024     December 31, 2023  
Office equipment     5 years     $ 29,041     $ 29,041  
Computer equipment     3 years       3,157       3,157  
Accumulated depreciation             (22,513 )     (16,902 )
Property and equipment, net           $ 9,685     $ 15,296  

 

Depreciation expense was $5,611 and $6,756 for the years ended December 31, 2024 and 2023, respectively, and is classified in general and administrative expenses in the Consolidated Statements of Operations.