v3.26.1
Goodwill and Finite Lived Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Finite Lived Intangible Assets  
Schedule of intangible assets

 

 

Useful Lives

 

Cost

 

 

Accumulated Amortization

 

 

Net

 

As of December 31, 2025

 

 

 

 

 

 

 

 

 

 

 

Technology, trademarks

 

3-10 yrs.

 

$1,216,800

 

 

$1,216,800

 

 

$-

 

Trade names

 

3-6 yrs.

 

 

592,300

 

 

 

592,300

 

 

 

-

 

Websites

 

3-7 yrs.

 

 

210,000

 

 

 

210,000

 

 

 

-

 

Customer relationships

 

4-10 yrs.

 

 

372,200

 

 

 

372,200

 

 

 

-

 

Sublicense agreements

 

10 yrs.

 

 

294,000

 

 

 

294,000

 

 

 

-

 

Non-compete agreements

 

4-5 yrs.

 

 

1,060,500

 

 

 

1,060,500

 

 

 

-

 

Patents

 

5-7 yrs.

 

 

408,800

 

 

 

305,300

 

 

 

103,500

 

 

 

 

 

$4,154,600

 

 

$4,051,100

 

 

$103,500

 

 

 

Useful Lives

 

Cost

 

 

Accumulated Amortization

 

 

Net

 

As of December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

Technology, trademarks

 

3-10 yrs.

 

$1,216,800

 

 

$1,020,100

 

 

$196,700

 

Trade names

 

3-6 yrs.

 

 

592,300

 

 

 

417,300

 

 

 

175,000

 

Websites

 

3-7 yrs.

 

 

210,000

 

 

 

210,000

 

 

 

-

 

Customer relationships

 

4-10 yrs.

 

 

372,200

 

 

 

221,200

 

 

 

151,000

 

Sublicense agreements

 

10 yrs.

 

 

294,000

 

 

 

294,000

 

 

 

-

 

Non-compete agreements

 

4-5 yrs.

 

 

1,060,500

 

 

 

993,200

 

 

 

67,300

 

Patents

 

5-7 yrs.

 

 

408,800

 

 

 

252,800

 

 

 

156,000

 

 

 

 

 

$4,154,600

 

 

$3,408,600

 

 

$746,000

 

Estimated future amortization expense of intangible assets

As of December 31,

 

 

 

2026

 

$44,200

 

2027

 

 

43,900

 

2028

 

 

15,400

 

Total

 

$103,500