NOTE 6—INTANGIBLES, NET

On January 1, 2026, OmniMetrix entered into a Technology Partnership Agreement (the “AIO Agreement”) with AIO Systems Ltd., an Israeli technology company (“AIO”). Under the AIO Agreement, OmniMetrix obtained the exclusive right to market, distribute, integrate, and sell AIO’s centralized monitoring and management related products and services. The Company evaluated payment and concluded that the payment represents consideration for the acquisition of identifiable intangible rights and deliverables, principally consisting of (i) the exclusive distribution rights granted in the Territory, as defined in the AIO Agreement, and (ii) the contractually required market-readiness deliverables.

The AIO Agreement has been classified as a finite-lived intangible asset and will be amortized on a straight-line basis over its estimated useful life of five (5) years, which corresponds to the minimum contractual performance period of the AIO Agreement. Amortization will commence when the asset is available for its intended use, which the Company has determined to be the date AIO completes installation of the operational demonstration unit which occurred on April 24, 2026. This is the date on which OmniMetrix is first able to commence its commercialization activities under the AIO Agreement. There was no amortization expense related to the intangible asset in the three months period ended March 31, 2026.

Patents are amortized over the patent term which on average is twenty years.

 SCHEDULE OF INTANGIBLES, NET

Estimated future amortization expense will be presented in the table below in subsequent periodic reports following the placed-in-service date:

 SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSES