Intangibles |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Intangibles | 10. Intangibles Intangible assets as of June 30, 2025 and December 31, 2024 were comprised of the following items:
Amortization expense for the Company’s intangibles was $729,681 and $934,491 during the three and six months ended June 30, 2025, respectively, and $204,812 and $409,624 during the three and six months ended June 30, 2024, respectively. The Company capitalized into inventory $15,358 and $40,136 of amortization for the three and six months ended June 30, 2025, respectively, and $24,779 and $49,557 for the three and six months ended June 30, 2024, respectively. Amortization expense is recorded in operating expenses on the unaudited condensed consolidated statements of net loss and comprehensive loss The Company estimates that amortization expenses will be $6,100,255 next five fiscal years. |
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