v3.26.1
INTANGIBLES
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLES

NOTE 4 - INTANGIBLES

 

Intangible assets subject to amortization consist of the following:

  

   Useful  December 31,   December 31, 
   Life  2025   2024 
Naming rights  6 years  $400,314   $400,314 
Accumulated amortization      (255,756)   (189,038)
Intangible assets, net     $144,558   $211,276 

 

The intangible naming rights asset was put into use in 2023. Amortization expense relating to the intangible assets for the years ended December 31, 2025 and 2024 were $66,718 and $66,719, respectively. The estimated amortization expense for the year ended December 31, 2026 and thereafter is as follows:

  

     
2026  $66,719 
2027   66,719 
2028   11,120 
Total  $144,558