v3.26.1
Intangible Assets
12 Months Ended
Dec. 31, 2025
Intangible Assets [Abstract]  
Intangible Assets
5.Intangible Assets

 

At December 31, 2025 and December 31, 2024 the Company’s intangible assets consisted of the following:

 

   2025   2024 
Software development  $-   $1,018,323 
Website costs   22,210    22,210 
Trade name   5,458,400    - 
License agreement   6,368,100    - 
Less: accumulated amortization   (588,345)   (2,221)
   $11,260,365   $1,038,312 

 

Amortization expense for the year ended December 31, 2025 amounted to $646,413.

 

The following table represents the total estimated amortization of intangible assets for the succeeding years:

 

    Estimated 
    amortization 
For the year ending December 31:   expense 
2026   $321,955 
2027    321,955 
2028    321,955 
2029    319,734 
2030 and thereafter    9,974,766 
    $11,260,365