v3.25.2
INTANGIBLES
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLES

NOTE 6 - INTANGIBLES

 

Intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. No impairment charges were recorded for the six months ended June 30, 2025, and the year ended December 31, 2024.

 

Amortization of capitalized patent costs associated with the application and award of patents in the U.S. and various other countries are capitalized and amortized on a straight-line basis over the term of the patents as determined at the award date, which varies depending on the pendency period of the application, generally approximating twenty years.

 

    Estimated Remaining Life (years)     June 30, 2025     December 31, 2024  
Capitalized patent costs   15     $ 168,596     $ 153,419  
Accumulated amortization           (24,239 )     (19,879 )
Intangible assets, net         $ 144,357     $ 133,540