Intangible Assets |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Asset, Goodwill and Other [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets |
In connection with the acquisition of water machines, the Company also acquired customer contracts, vending location rights, and licenses. These intangible assets were valued at $84,191 and will be amortized on a straight-line basis over five years. Management preliminarily estimates these to be definite-lived intangibles under ASC 350.
Intangible assets consisted of the following at June 30, 2026, and December 31, 2025:
Intangible assets represent customer contracts and location rights acquired in the Share Exchange Agreement with SUPA Food Services LLC. Amortization will commence as the underlying contracts and location rights are utilized in revenue-generating activity.
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