PROPERTY AND EQUIPMENT, NET

9 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

9. PROPERTY AND EQUIPMENT, NET

Property and equipment consist of the following at September 30, 2024 and December 31, 2023:

	September 30, 2024			December 31, 2023
Building and building improvements	$	781,985		$	781,985
Equipment and machinery		4,799,126			4,752,663
Furniture and fixtures		278,665			284,049
Office and computer equipment		6,523			-
Vehicles		585,854			585,854
		6,452,153			6,404,551
Less: accumulated depreciation		(5,785,472	)		(5,659,992	)
Total property and equipment, net	$	666,681		$	744,559

Depreciation expense was $37,998 and $49,494 for the three months ended September 30, 2024, and 2023, respectively, and $125,479 and $148,486 for the nine months ended September 30, 2024 and 2023, respectively.