Long Lived Intangible Assets |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Goodwill and Intangible Assets Disclosure [Abstract] | |
| Long Lived Intangible Assets | NOTE 7 - LONG LIVED INTANGIBLE ASSETS
Intangible assets on the Company's consolidated balance sheets as of March 31, 2026 and December 31, 2025 consist of patents pending for internally developed technology. In 2025, the Company capitalized costs of $73,908 related to patent applications and filing fees. Finite-lived intangible assets are amortized over their estimated useful lives using the straight-line method, which approximates the pattern in which the economic benefits are consumed. The estimated useful lives for the patents filed in 2025 are 10 years. No amortization expense related to long-lived intangible assets was recognized in the three months ended either March 31, 2026 or 2025.
The balance outstanding for long-lived intangible assets as of March 31, 2026 and December 31, 2025 was $73,908. |