v3.26.1
INTANGIBLE ASSETS
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS

NOTE 6 – INTANGIBLE ASSETS

 

As of June 30, 2026 and December 31, 2025, the Company has the following amounts related to amortizable intangible assets:

 

   June 30,   December 31,   Amortizable 
   2026   2025   Life 
Amortizable intangible assets               
Cleared trade name  $133,339   $133,339    5 years 
Cleared developed technology   12,920    12,920    1 year 
Purchased licenses   200,000    200,000    10 years 
OHHMD brand   303,000    303,000    3 years 
Gross amount  $649,259   $649,259      
Less: accumulated amortization               
Cleared trade name  $(120,005)  $(106,671)     
Cleared developed technology   (12,920)   (12,920)     
Purchased licenses   (200,000)   (200,000)     
OHHMD brand   (117,834)   (67,334)     
Accumulated amortization  $(450,759)  $(386,925)     
Total net amortizable intangible assets  $198,500   $262,334      

 

The aggregate amortization expense of the Company’s intangible assets for the three months ended June 30, 2026 and 2025 was $32 thousand and $23 thousand, respectively, and for the six months ended June 30, 2026 and 2025 was $64 thousand and $30 thousand, respectively.