XML 30 R9.htm IDEA: XBRL DOCUMENT v3.24.3
Property and Equipment and Intangible Assets
9 Months Ended
Sep. 30, 2024
Property and Equipment and Intangible Assets [Abstract]  
Property and Equipment and Intangible Assets
3.

Property and Equipment and Intangible Assets

 

Property and equipment are stated at cost less accumulated depreciation and amortization and depreciated using the straight-line method over their useful lives. At September 30, 2024 and December 31, 2023 the Company’s property and equipment, net consisted of the following:  

 

   2024   2023 
Computer equipment and software  $4,807   $3,805 
Less: accumulated depreciation   (2,035)   (236)
Property, plant and equipment, net  $2,772   $3,569 

 

Depreciation expense for the nine months ended September 30, 2024 amounted to $1,799.

 

At September 30, 2024 and December 31, 2023 the Company’s intangible assets consisted of the following:  

 

   2024   2023 
Software development  $538,559   $
-
 
Website costs   22,210    22,210 
   $560,769   $22,210