| TANGIBLE AND INTANGIBLE ASSETS |
NOTE 5 – TANGIBLE AND INTANGIBLE ASSETS
| Schedule of property, plant and equipment |
|
|
|
|
|
|
|
|
| |
|
March 31, |
|
|
December 31, |
|
| Property & Equipment |
|
2025 |
|
|
2024 |
|
| Mobile Kiosk Display |
|
$ |
175,974 |
|
|
$ |
162,940 |
|
| Computer Equipment |
|
|
44,901 |
|
|
|
44,901 |
|
| Office Equipment |
|
|
12,991 |
|
|
|
12,991 |
|
| Internal-Use Software and Website Costs |
|
|
104,810 |
|
|
|
77,196 |
|
| Property and equipment, gross |
|
|
338,676 |
|
|
|
298,028 |
|
| Less: Accumulated depreciation |
|
|
(211,668 |
) |
|
|
(190,466 |
) |
| Property and equipment, net |
|
$ |
127,008 |
|
|
$ |
107,562 |
|
Depreciation expense for the three months ended March 31, 2025 and 2024 was $21,202 and $21,659, respectively.
| Schedule of intangible assets |
|
|
|
|
|
|
|
|
| |
|
March 31, |
|
|
December 31, |
|
| Finite-lived intangible assets |
|
2025 |
|
|
2024 |
|
| Patent Costs |
|
$ |
553,122 |
|
|
$ |
534,002 |
|
| Less: Accumulated amortization |
|
|
(95,372 |
) |
|
|
(82,700 |
) |
| Intangible assets, net |
|
$ |
457,750 |
|
|
$ |
451,302 |
|
Amortization expense for the three months ended March 31, 2025 and 2024 was $12,672 and $7,814, respectively.
|