Annual report [Section 13 and 15(d), not S-K Item 405]

Property and Equipment

v3.26.1
Property and Equipment
12 Months Ended
Dec. 31, 2025
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment, net consists of the following:

 

    As of December 31,  
    2025     2024  
Leasehold improvements   $
             -
    $ 3,193  
Medical equipment    
-
      155,363  
Office equipment    
-
      6,140  
Property and equipment, gross    
-
      164,696  
Less: accumulated depreciation    
-
      (42,353 )
Property and equipment, net   $
-
    $ 122,343  

 

Depreciation expense was approximately $32,000 and $19,000 for the twelve months ended December 31, 2025, and 2024, respectively. During the twelve months ended December 31, 2025, the Company wrote off gross leasehold improvements of approximately $3,200 and related accumulated amortization of approximately $2,500, resulting in a loss of approximately $700 recorded in general and administrative expense in the consolidated statements of operations and comprehensive loss. Additionally, during the twelve months ended December 31, 2025, the Company sold medical and office equipment for approximately $11,000. The gross book value of the assets sold was approximately $162,000 with approximately $49,000 of accumulated depreciation, resulting in a loss of approximately $102,000 and is recorded other income (expense) on the consolidated statements of operations and comprehensive loss.