Quarterly report [Sections 13 or 15(d)]

PROPERTY AND EQUIPMENT

v3.25.2
PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of:

 

        June 30,     December 31,  
    Estimated Life   2025     2024  
                 
Office equipment   5 years   $ -     $ 29,041  
Computer equipment   3 years    

-

     

3,157

 
Accumulated depreciation         -       (22,513 )
Property and equipment, net       $ -     $ 9,685  

 

Depreciation expense was $0 and $1,363, and $1,364 and $2,885 for the three and six months ended June 30, 2025 and 2024, respectively, and is classified in general and administrative expenses in the Unaudited Condensed Consolidated Statements of Operations.