Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.23.1
Property and Equipment
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment, net consists of the following (in thousands):

 

    As of December 31,  
    2022     2021  
Leasehold improvements   $ 3,193     $ -  
Medical equipment     99,220       -  
Office equipment     307,388       21,503  
Property and equipment, gross     409,801       21,503  
Less: accumulated depreciation     (31,018 )     (1,379 )
Property and equipment, net   $ 378,783     $ 20,124  

 

Depreciation expense was $31,520 and $1,379 for the years ended December 31, 2022 and 2021, respectively.