| Intangible Assets |
Note 5 – Intangible Assets Intangible assets are comprised of the following as of December 31, 2025 and 2024: | | Estimated | | | Balance at | | | | | | | | | Balance at | | | | (Years) Life | | | December 31, 2024 | | | Additions | | | Amortization | | | December 31, 2025 | | License agreement | | | 17 | | | $ | 839,005 | | | $ | - | | | $ | (62,924 | ) | | $ | 776,081 | | Patents | | | 20 | | | | 177,589 | | | | - | | | | (10,446 | ) | | | 167,143 | | Total | | | | | | $ | 1,016,594 | | | $ | - | | | $ | (73,370 | ) | | $ | 943,224 | |
| | Estimated | | | Balance at | | | | | | | | | Balance at | | | | (Years) Life | | | December 31, 2023 | | | Additions | | | Amortization | | | December 31, 2024 | | License agreement | | | 17 | | | $ | 901,929 | | | $ | - | | | $ | (62,924 | ) | | $ | 839,005 | | Patents | | | 20 | | | | 86,100 | | | | 98,602 | | | | (7,113 | ) | | | 177,589 | | Total | | | | | | $ | 988,029 | | | $ | 98,602 | | | $ | (70,037 | ) | | $ | 1,016,594 | |
Amortization expense for the year ended December 31, 2025 and 2024 was $73,370 and $70,037, respectively. Estimated future amortization expense as of December 31, 2025: Year Ending December 31, | | | | | | | | 2026 | | $ | 73,370 | | 2027 | | | 73,370 | | 2028 | | | 73,370 | | 2029 | | | 73,370 | | 2030 | | | 73,370 | | Thereafter | | | 576,374 | | Total | | $ | 943,224 | |
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