INTANGIBLE ASSETS |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| INTANGIBLE ASSETS | NOTE 3 – INTANGIBLE ASSETS
The Company’s intangible assets comprise of intellectual property revolving around their field tests, sensor integrations, and board designs. Intangible assets, net of amortization, amounted to $124,903 and $149,449 as of June 30, 2025 and December 31, 2024, respectively.
The Company determined that none of its intangible assets were impaired as of June 30, 2025 and December 31, 2024, respectively. Amortizable intangible assets are amortized using the straight-line method over their estimated useful lives of ten years. The amortization expense of finite-lived intangibles was $12,341 and $12,341 for the three months ended June 30, 2025 and 2024, and $24,546 and $24,682 for the six months ended June 30, 2025 and 2024, respectively.
The following table summarizes the Company’s estimated future amortization expense of intangible assets with finite lives as of June 30, 2025:
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