NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Property and Equipment, Net (Policies)

9 Months Ended

Sep. 30, 2025

Property and Equipment, Net

Property and equipment are stated at cost. For financial reporting, we provide for depreciation using the straight-line method at rates based upon the estimated useful lives of the various assets. Depreciation expense was $0 for the three months ended September 30, 2025, and 2024, and $0 and $498 for the nine months ended September 30, 2025, and 2024, respectively. The Company computes depreciation utilizing estimated useful lives, as stated below:

Property and Equipment, Net Categories		Estimated Useful Life
Equipment		3 Years

Management assesses property and equipment for impairment whenever there is an indicator of impairment. Impairment losses are evaluated if the estimated undiscounted cash flows from using the assets are less than carrying value. A loss is recognized when the carrying value of an asset exceeds its fair value. Management assessed and concluded that no impairment write-down would be necessary for the Company’s property and equipment as of September 30, 2025 and December 31, 2024.

AIBOTICS, INC. 10-Q