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Property and Equipment, net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, net Property and Equipment, net
Property and equipment, net as of December 31, 2023 and 2022 are as follows:
December 31,
2023
December 31,
2022
Transportation equipment$17,438,072 $20,773,862 
Medical equipment7,104,161 5,177,520 
Office equipment and furniture3,701,657 2,686,065 
Leasehold improvements709,619 579,658 
Buildings527,283 527,283 
Land37,800 37,800 
29,518,592 29,782,188 
Less: Accumulated depreciation(12,683,108)(8,524,013)
Property and equipment, net$16,835,484 $21,258,175 
During the year ended December 31, 2023, the Company disposed of assets with a cost of $12,343,547 and accumulated depreciation of $10,743,915 for proceeds of $747,088. The Company recorded a loss on disposal of assets of $852,544.
During the year ended December 31, 2022, the Company disposed of assets with a cost of $50,353 and accumulated depreciation of $26,180 for proceeds of $3,000. The Company recorded a loss on disposal of assets of $21,173.
During the year ended December 31, 2021, the Company disposed of assets with a cost of $119,026 and accumulated depreciation of $9,944 for proceeds of $74,740. The Company recorded a loss on disposal of assets of $34,342.
The Company recorded depreciation expenses of $4,829,780, $4,114,346 and $2,312,437 as of December 31, 2023, 2022 and 2021, respectively.