| 8. INTANGIBLES |
8.INTANGIBLES
The table below describes the intangibles as of December 31, 2025. Each of the amounts are shown at its historically acquired price and source. Each type of software product development cost is presented in the acquired currency. The table below shows product development and intangibles activity for the year ended December 31, 2025.
| Asset Source
| Life (in years)
| Total Costs
| Additions
| Total Costs
| Accumulated
Amortization
| Amortization
12 Mo. Ended
| Total Accumulated
Amortization as on
| Net Book Value
|
| Currency $
|
| 12/31/2024
| 2025
| 12/31/2025
| 12/31/2024
| 12/31/2025
| 12/31/2025
| 12/31/2025
|
Intangibles
|
|
|
|
|
|
|
|
|
|
Software
| Acquired – business combination
| 5 to 15
| 3,107,870
| -
| 3,107,870
| 820,503
| 201,441
| 1,021,945
| 2,085,926
|
Trade name / trademark
| Acquired – business combination
| 10
|
| 4,639,146
| 4,639,146
| -
| 144,191
| 144,191
| 4,494,955
|
Customer relationships
| Acquired – business combination
| 5
|
| 3,511,884
| 3,511,884
| -
| 224,648
| 224,648
| 3,287,236
|
Developed Tech
| Acquired – business combination
| 3
|
| 46,668
| 46,668
| -
| 12,317
| 12,317
| 34,351
|
Non-compete
| Acquired – business combination
| 2
|
| 529,316
| 529,316
| -
| 76,705
| 76,705
| 452,611
|
Total
|
|
| 3,107,870
| 8,727,015
| 11,834,885
| 820,503
| 659,303
| 1,479,806
| 10,355,079
|
|
|
|
|
|
|
|
|
|
|
Product Development
|
|
|
|
|
|
|
|
|
|
Drone technology
| Acquired separately, USD
| 12
| 1,440,000
|
| 1,440,000
| -
| 90,000
| 90,000.00
| 1,350,000
|
Robotic Arm Technology licensing
| Acquired separately, USD
| 12
| 840,000
|
| 840,000
| -
| 52,500
| 52,500.00
| 787,500
|
Drone Development
| Developed internally, USD
| 12
| 2,545,326
| -
| 2,545,326
| -
| 158,793
| 158,793.00
| 2,386,533
|
Drone Development
| Developed internally, USD
| NA
| -
| 2,158,762
| 2,158,762
| -
| -
| -
| 2,158,762
|
Total Product Development
|
|
| 4,825,326
| 2,158,762
| 6,984,088
| -
| 301,293
| 301,293
| 6,682,795
|
|
|
|
|
|
|
|
|
|
|
Goodwill
| Acquired – business combination
| NA
| 2,468,722
| 9,637,585
| 12,106,307
| -
| -
| -
| 12,106,307
|
The table below shows product development and intangibles activity for the year ended December 31, 2024.
| Asset Source and
| Life (in years)
| Total Costs
| Additions
| Total Costs
| Amortization
| Amortization
12 Mo. Ended
| Total
Amortization
| Net Book Value
|
| Currency
|
| 12/31/2023
| 2024
| 12/31/2024
| 12/31/2023
| 12/31/2024
| 12/31/2024
| 12/31/2024
|
INTANGIBLES
|
|
|
|
|
|
|
|
|
|
Software
| Acquired – business combination
| 5 to 15
| 3,107,870
| 0
| 3,107,870
| 619,033
| 201,471
| 820,503
| 2,287,367
|
|
|
|
|
|
|
|
|
|
|
TOTAL
|
|
| $ 3,107,870
| –
| $ 3,107,870
| $ 619,033
| $ 201,471
| $ 820,503
| 2,287,367
|
|
|
|
|
|
|
|
|
|
|
PRODUCT DEVELOPMENT
|
|
|
|
|
|
|
|
|
|
Drone technology
| Acquired separately, USD
| Under development Not amortised
| $ 1,440,000
| –
| 1,440,000
| –
| –
| –
| 1,440,000
|
Robotic Arm Technology licensing
| Acquired separately, USD
| Under development Not amortised
| 840,000
| –
| 840,000
| –
| –
| –
| 840,000
|
Drone Development
| Developed internally, USD
| Under development Not amortised
| 1,376,200
| 1,169,126
| 2,545,326
| –
| –
| –
| 2,545,326
|
TOTAL
|
|
| $ 3,656,200
| $ 1,169,126
| $ 4,825,326
| $ Nil
| $ Nil
| $ Nil
| $ 4,825,326
|
|
|
|
|
|
|
|
|
|
|
Goodwill
| Acquired – business combination
| NA
| 2,468,722
|
| 2,468,722
| -
| -
| -
| 2,468,722
|
|