| Schedule of Intangible Assets, Net |
The
following table summarizes our intangible assets, net:
| |
|
As at December 31, 2025 |
|
|
As at December 31, 2024 |
|
| |
|
Gross |
|
|
|
|
|
|
|
|
Gross |
|
|
|
|
|
|
|
| |
|
Carrying |
|
|
Accumulated |
|
|
Net Carrying |
|
|
Carrying |
|
|
Accumulated |
|
|
Net Carrying |
|
| |
|
Amount |
|
|
Amortization |
|
|
Amount |
|
|
Amount |
|
|
Amortization |
|
|
Amount |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Finite-lived assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Intangible asset - Patents |
|
$ |
1,146,743 |
|
|
$ |
(257,530 |
) |
|
$ |
889,213 |
|
|
$ |
993,758 |
|
|
$ |
(204,785 |
) |
|
$ |
788,973 |
|
| Total finite-lived assets |
|
|
1,146,743 |
|
|
|
(257,530 |
) |
|
|
889,213 |
|
|
|
993,758 |
|
|
|
(204,785 |
) |
|
|
788,973 |
|
| Indefinite-lived assets - Trademarks |
|
|
32,958 |
|
|
|
- |
|
|
|
32,958 |
|
|
|
32,958 |
|
|
|
- |
|
|
|
32,958 |
|
| Total intangible assets |
|
$ |
1,179,701 |
|
|
$ |
(257,530 |
) |
|
$ |
922,171 |
|
|
$ |
1,026,716 |
|
|
$ |
(204,785 |
) |
|
$ |
821,931 |
|
|
| Schedule of Estimated Future Amortization Expense |
The following table summarizes the estimated future
amortization expense associated with our finite-lived intangible assets as of December 31, 2025:
| |
|
Amount |
|
| 2026 |
|
$ |
57,337 |
|
| 2027 |
|
|
57,337 |
|
| 2028 |
|
|
57,337 |
|
| 2029 |
|
|
57,337 |
|
| 2030 |
|
|
57,337 |
|
| Thereafter |
|
|
602,528 |
|
| Total |
|
$ |
889,213 |
|
|