v3.26.1
INTANGIBLE ASSETS - SOFTWARE, LICENSES, TRADEMARKS, DEVELOPED TECHNOLOGY, CUSTOMER RELATIONSHIPS, AND NON-COMPETE AGREEMENTS (Tables)
6 Months Ended
Jun. 30, 2026
INTANGIBLE ASSETS - SOFTWARE, LICENSES, TRADEMARKS, DEVELOPED TECHNOLOGY, CUSTOMER RELATIONSHIPS, AND NON-COMPETE AGREEMENTS  
Schedule of intangible assets

Definite-lived intangible assets

 

As of

June 30,

2026

 

 

As of

December 31,

2025

 

Intangible construction in process

 

$9,220,125

 

 

$10,702,638

 

Licenses

 

 

4,668,291

 

 

 

4,232,431

 

Software

 

 

21,892,152

 

 

 

19,742,103

 

Trademarks and tradenames

 

 

1,814,653

 

 

 

12,240,138

 

Developed technology

 

 

-

 

 

 

3,100,000

 

Customer relationships

 

 

157,337

 

 

 

17,963,384

 

Non-compete agreement

 

 

-

 

 

 

296,814

 

Other intangible assets

 

 

-

 

 

 

3,887,442

 

Gross intangible assets

 

 

37,752,558

 

 

 

72,164,950

 

Less: accumulated impairment and amortization

 

 

 

 

 

 

 

 

Licenses amortization

 

 

(2,076,841)

 

 

(1,582,137)

Software amortization

 

 

(9,887,923)

 

 

(8,563,000)

Trademarks and tradenames amortization

 

 

(73,510)

 

 

(12,122,964)

Developed technology

 

 

-

 

 

 

(3,100,000)

Customer relationships

 

 

(15,734)

 

 

(17,963,384)

Non-compete agreement

 

 

-

 

 

 

(296,814)

Other intangible assets amortization

 

 

-

 

 

 

(2,072,685)

Total accumulated impairment and amortization

 

 

(12,054,008)

 

 

(45,700,984)

Net definite-lived intangible assets

 

$25,698,550

 

 

$26,463,965

 

Schedule of amortization of intangible assets

Year Ending December 31,

 

Estimated Amortization

 

2026

 

 

5,119,773

 

2027

 

 

7,562,526

 

2028

 

 

5,309,523

 

2029

 

 

3,787,943

 

2030

 

 

3,047,044

 

Thereafter

 

 

871,741

 

Total future amortization

 

 

25,698,550