Quarterly report [Sections 13 or 15(d)]

Property and Equipment (Tables)

v3.25.2
Property and Equipment (Tables)
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment
               
    June 30,   December 31,
    2025   2024
Machinery and equipment   $ 2,633,992     $ 2,610,977  
Furniture and fixtures     36,816       36,816  
Land     —       1,119,758  
Leasehold improvements     3,121,983       1,228,860  
Software and website development     360,320       300,935  
Computer hardware and software     121,640       120,245  
Boat molds     5,495,190       7,270,411  
Vehicles     143,360       143,360  
Electric prototypes and tooling     —       142,526  
Assets under construction     1,133,050       6,130,786  
      13,046,351       19,104,674  
Less accumulated depreciation and amortization     (4,303,086 )     (4,066,876 )
    $ 8,743,265     $ 15,037,798