| Intangible Assets and Goodwill |
The Company’s intangible assets and goodwill consisted of:
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
|
|
2025 |
|
|
2024 |
|
Tradename |
|
$ |
12,909,254 |
|
|
$ |
11,267,698 |
|
Customer List |
|
|
21,114,198 |
|
|
|
21,114,198 |
|
Non-Compete |
|
|
1,667,536 |
|
|
|
1,667,536 |
|
Patents |
|
|
2,271,980 |
|
|
|
2,271,980 |
|
Subtotal |
|
$ |
37,962,968 |
|
|
$ |
36,321,412 |
|
Less: Accumulated Amortization |
|
|
18,465,696 |
|
|
|
15,918,312 |
|
Translation Adjustments |
|
|
(24,044 |
) |
|
|
(80,069 |
) |
Intangible Assets |
|
$ |
19,473,228 |
|
|
$ |
20,323,031 |
|
Goodwill |
|
$ |
9,907,657 |
|
|
$ |
9,907,657 |
|
Total: |
|
$ |
29,380,885 |
|
|
$ |
30,230,688 |
|
|