| SCHEDULE OF INDEFINITE - LIVED INTANGIBLE ASSETS |
The
following table summarizes intangible assets included on the consolidated balance sheet:
SCHEDULE
OF INDEFINITE - LIVED INTANGIBLE ASSETS
| | |
June 30, 2025 | |
| | |
Gross | | |
Accumulated
Amortization | | |
Net | |
| Amortizing intangible assets: | |
| | | |
| | | |
| | |
| Patent portfolio | |
$ | 1,259,864 | | |
$ | (588,097 | ) | |
$ | 671,767 | |
| Developed technology | |
| 17,941,538 | | |
| (4,243,588 | ) | |
| 13,697,950 | |
| Total | |
$ | 19,201,402 | | |
$ | (4,831,685 | ) | |
$ | 14,369,717 | |
| | |
December 31, 2024 | |
| | |
Gross | | |
Accumulated
Amortization | | |
Net | |
| Amortizing intangible assets: | |
| | | |
| | | |
| | |
| Patent portfolio | |
$ | 1,259,864 | | |
$ | (517,960 | ) | |
$ | 741,904 | |
| In-process research and development | |
| 17,755,347 | | |
| (2,372,881 | ) | |
| 15,382,466 | |
| Total | |
$ | 19,015,211 | | |
$ | (2,890,841 | ) | |
$ | 16,124,370 | |
|
| SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE |
Future
amortization of intangible assets are estimated to be as follows:
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE
| | |
| |
| Years Ending December 31: | |
| |
| 2025 (remaining 6 months) | |
$ | 1,742,683 | |
| 2026 | |
| 3,824,905 | |
| 2027 | |
| 3,739,302 | |
| 2028 | |
| 3,696,501 | |
| 2029 | |
| 1,304,560 | |
| Thereafter | |
| 61,766 | |
| Total | |
$ | 14,369,717 | |
|