Quarterly report [Sections 13 or 15(d)]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2025

Property, Plant and Equipment [Abstract]

NOTE 4 – PROPERTY AND EQUIPMENT

Property and equipment was comprised of the following:

	September 30, 2025			December 31, 2024
		(unaudited)			*
Field and shop equipment	$	397,600		$	397,600
Vehicles		72,500			72,500
Furniture and office equipment		279,100			274,600
Leasehold improvements		36,200			36,200

Property and equipment, gross		785,400			780,900
Less: accumulated depreciation and amortization		(744,600	)		(736,900	)
Property and equipment, net	$	40,800		$	44,000

Depreciation expense for the three months ended September 30, 2025, and 2024 was $2,400 and $2,900, respectively. For the three months ended September 30, 2025, and 2024, depreciation expense included in cost of goods sold was $1,300 and $1,900, respectively. For the three months ended September 30, 2025, and 2024, depreciation expense included in selling, general and administrative expenses was $1,100 and $1,000, respectively.

Depreciation expense for the nine months ended September 30, 2025, and 2024 was $7,700 and $8,900, respectively. For the nine months ended September 30, 2025, and 2024, depreciation expense included in cost of goods sold was $4,500 and $5,900, respectively. For the nine months ended September 30, 2025, and 2024, depreciation expense included in selling, general and administrative expenses was $3,200 and $3,000, respectively.