Quarterly report [Sections 13 or 15(d)]

PROPERTY AND EQUIPMENT

v3.25.1
PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of:

 

 

        March 31,     December 31,  
    Estimated Life   2025     2024  
                 
Office equipment   5 years   $ 29,041     $ 29,041  
                     
Accumulated depreciation         (23,876 )     (22,513 )
Property and equipment, net       $ 8,322     $ 9,685  

 

Depreciation expense was $1,363 and $1,523 for the three months ended March 31, 2025 and 2024, respectively, and is classified in general and administrative expenses in the Unaudited Condensed Consolidated Statements of Operations.