Quarterly report [Sections 13 or 15(d)]

Property and Equipment (Tables)

v3.25.1
Property and Equipment (Tables)
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment
               
    March 31,   December 31,
    2025   2024
Machinery and equipment   $ 2,605,982     $ 2,610,977  
Furniture and fixtures     36,816       36,816  
Land     1,000,000       1,119,758  
Leasehold improvements     1,236,260       1,228,860  
Software and website development     346,170       300,935  
Computer hardware and software     120,245       120,245  
Boat molds     7,409,502       7,270,411  
Vehicles     143,360       143,360  
Electric prototypes and tooling           142,526  
Assets under construction     2,567,858       6,130,786  
      15,466,193       19,104,674  
Less accumulated depreciation and amortization     (4,436,113 )     (4,066,876 )
    $ 11,030,080     $ 15,037,798