NOTE 5. ACQUIRED INTANGIBLE ASSETS

The Company’s acquired intangible assets at June 30, 2026 and December 31, 2025, totaled $16,000,000 in the aggregate, comprising the four acquisitions completed during the period from inception (July 26, 2024) to December 31, 2024, and described in Note 1 to the audited consolidated financial statements for the year ended December 31, 2025: Airdrone Technology ($5,000,000), Hydrogen Fuel Cell Technology ($2,500,000), WaveDrone Platform ($3,500,000), and SUPA Consolidated Inc.’s intellectual property (formerly Tribal Rides International Corp.) ($5,000,000). These technology assets remain in development and have not yet been placed into service. Accordingly, management has not commenced amortization as of June 30, 2026. Management will reassess the useful lives of the acquired technology assets as technical feasibility, patent status, commercial readiness, and expected legal or economic lives become determinable.

In accordance with ASC 350-30, the Company tests acquired intangible assets for impairment at least annually or more frequently if events or circumstances indicate that the carrying amount may not be recoverable. Indicators evaluated include: failure of patent prosecution to advance on schedule; rejection of pending claims by the relevant patent office; discovery of prior art that materially limits potential claims; significant changes in the competitive landscape; loss of a strategic development partner; and inability to fund continued development. As of June 30, 2026, no impairment indicators were identified, and no impairment charge has been recognized during the three- and six-month periods.