Envela Corp PP&E Disclosure
December 31, | December 31, | |||||
| 2025 | | 2024 | |||
Consumer |
| |
| | ||
Land | $ | 1,824,892 | $ | 1,824,892 | ||
Buildings and improvements |
| 6,139,182 |
| 6,078,606 | ||
Leasehold improvements |
| 2,019,993 |
| 1,736,193 | ||
Furniture and fixtures |
| 1,488,500 |
| 1,203,540 | ||
Machinery and equipment |
| 1,693,308 |
| 1,570,704 | ||
Vehicles |
| 53,318 |
| 53,318 | ||
Construction in progress (1) |
| 65,561 |
| 135,856 | ||
| 13,284,754 |
| 12,603,109 | |||
Less: accumulated depreciation |
| (3,882,909) |
| (3,287,437) | ||
Sub-total |
| 9,401,845 |
| 9,315,672 | ||
Commercial |
| |
| | ||
Leasehold improvements |
| 160,850 |
| 172,391 | ||
Furniture and fixtures |
| 74,811 |
| 74,811 | ||
Machinery and equipment |
| 1,389,680 |
| 1,336,427 | ||
Vehicles |
| 206,556 |
| 206,556 | ||
| 1,831,897 |
| 1,790,185 | |||
Less: accumulated depreciation |
| (1,356,836) |
| (1,112,694) | ||
Sub-total |
| 475,061 |
| 677,491 | ||
Corporate |
| |
| | ||
Land |
| 1,106,664 |
| 1,106,664 | ||
Buildings and improvements |
| 2,749,983 |
| 2,688,523 | ||
Furniture and fixtures |
| 84,877 |
| — | ||
Machinery and equipment |
| 64,290 |
| 28,627 | ||
Construction in progress (1) |
| 92,702 |
| — | ||
| 4,098,516 |
| 3,823,814 | |||
Less: accumulated depreciation |
| (391,233) |
| (301,815) | ||
Sub-total |
| 3,707,283 |
| 3,521,999 | ||
$ | 13,584,189 | $ | 13,515,162 | |||
| (1) | As of December 31, 2025 and December 31, 2024, these assets have not yet been placed into service and are not yet depreciable. |
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 18, 2026 | Showing above |
| 2024 | Mar 26, 2025 | |
| 2023 | Mar 21, 2024 | |
| 2022 | Mar 16, 2023 | |
| 2021 | Mar 16, 2022 | |
| 2020 | Mar 23, 2021 | |
| 2019 | Mar 26, 2020 | |
| 2018 | Apr 12, 2019 | |
| 2017 | Mar 21, 2018 | |
| 2016 | Apr 14, 2017 | |
| 2015 | Mar 30, 2016 | |
About PP&E Disclosures
The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.
Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.