v3.26.1
Intangible Assets, Net of Accumulated Amortization
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
HZO, Inc. and Subsidiaries    
Intangible Assets    
Intangible Assets, Net of Accumulated Amortization
13.Intangible Assets, Net of Accumulated Amortization

Intangible assets, net of accumulated amortization consists of the following:

As of March 31, 2026

Remaining 

Amortization 

Gross

Useful

Period in

Carrying

Accumulated

Net Carrying

  ​ ​ ​

 Life

  ​ ​ ​

Years

  ​ ​ ​

Amount

  ​ ​ ​

 Amortization

  ​ ​ ​

 Amount

Developed technology asset

10 years

2.6

$

3,875,812

$

2,802,223

$

1,073,589

As of December 31, 2025

Remaining 

Amortization 

Gross

Useful

Period in

Carrying 

Accumulated 

Net Carrying 

  ​ ​ ​

 Life

  ​ ​ ​

Years

  ​ ​ ​

Amount

  ​ ​ ​

Amortization

  ​ ​ ​

Amount

Developed technology asset

 

10 years

 

2.8

$

3,875,812

$

2,698,327

 

$

1,177,485

The amortization expense on the intangible asset was $103,896 for the three months ended March 31, 2026 and 2025, respectively.

The estimated future amortization expense of the intangible asset as of March 31 is as follows:

  ​ ​ ​

Amount

2026 (remaining)

 

311,687

2027

 

415,583

2028

 

346,319

Total

 

$

1,073,589

12.

Intangible Assets, Net of Accumulated Amortization

Intangible assets, net of accumulated amortization consists of the following as of December 31:

 

2025

 

Remaining

 

Amortization

 

Gross

 

Net

 

Useful

 

Period in

 

Carrying

 

Accumulated

 

Carrying

  ​ ​ ​

Life

  ​ ​ ​

Years

  ​ ​ ​

Amount

  ​ ​ ​

Amortization

  ​ ​ ​

Amount

Developed technology asset

 

10 years

 

2.8

$

3,875,812

$

2,698,327

$

1,177,485

 

2024

 

Remaining

 

Amortization

 

Gross

 

Net

 

Useful

 

Period in

 

Carrying

 

Accumulated

 

Carrying

  ​ ​ ​

Life

  ​ ​ ​

Years

  ​ ​ ​

Amount

  ​ ​ ​

Amortization

  ​ ​ ​

Amount

Developed technology asset

 

10 years

 

3.8

$

3,875,812

$

2,282,745

$

1,593,067

The amortization expense on the intangible asset was $415,583 for the years ended December 31, 2025 and 2024, respectively.

The estimated future amortization expense of the intangible asset as of December 31 is as follows:

  ​ ​ ​

Amount

2026

 

415,583

2027

 

415,583

2028

 

346,319

Total

$

1,177,485