Quarterly report [Sections 13 or 15(d)]

Intangible Assets

v3.26.1
Intangible Assets
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets Intangible Assets
Intangible assets consisted of the following:

June 30, 2026 December 31, 2025
Useful Life (years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount
Tradename- Trademark 15 years 687,300  58,630  628,670  687,300  35,720  651,580 
Intellectual property 5 years 731,900  187,303  544,597  731,900  114,113  617,787 
Non-Competes 3 years 10,200  4,351  5,849  10,200  2,651  7,549 
Total intangible assets 1,429,400  250,284  1,179,116  1,429,400  152,484  1,276,916 
Amortization expense for the three and six months ended June 30, 2026 were $48,900 and $97,799, respectively.
The following table presents the Company's estimated future amortization expense:            

Years ending December 31, Amount
2026 (excluding the 6 months ended June 30, 2026) $ 97,800 
2027 195,600 
2028 192,949 
2029 192,200 
2030 78,087 
2031 45,820 
Thereafter 376,660 
Total $ 1,179,116