Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

NOTE 4 – PROPERTY AND EQUIPMENT

Property and equipment was comprised of the following:

	March 31, 2024			December 31, 2023
	(unaudited)			*
Field and shop equipment	$	396,600		$	398,100
Vehicles		72,500			72,500
Furniture and office equipment		253,600			255,400
Leasehold improvements		36,200			36,200
Property and equipment, gross		758,900			762,200
Less: accumulated depreciation and amortization		(727,000	)		(728,600	)
Property and equipment, net	$	31,900		$	33,600

Depreciation expense for the three months ended March 31, 2024, and 2023 was $2,900 and $4,900, respectively. For the three months ended March 31, 2024, and 2023, depreciation expense included in cost of goods sold was $2,000 and $4,900, respectively. For the three months ended March 31, 2024, and 2023, depreciation expense included in selling, general and administrative expenses was $900 and $0, respectively.