NOTE 5 — GOODWILL AND INTANGIBLES, NET

The changes in the carrying amount of the Company’s goodwill were as follows:

 SCHEDULE OF CHANGES IN CARRYING AMOUNT OF GOODWILL

In connection with the change in reportable operating segments in the second quarter of 2024, the Company reassessed goodwill as the single segment is presented in this report. The Company’s assessment determined that these changes, or any other matters noted, including the decision to discontinue THP in mid-September 2025, did not alter the Company’s conclusion that goodwill was not impaired as of June 30, 2026.

The carrying values of the Company’s intangible assets were as follows for the periods presented:

 SCHEDULE OF CARRYING VALUE OF INTANGIBLE ASSETS

As of June 30, 2026, the weighted-average amortization period for finite-lived intangible assets was 12.5 years. Amortization expense related to intangible assets was $583,260 and $643,196 for the three months ended June 30, 2026 and 2025, respectively, and $1,128,659 and $1,290,970 for the six months ended June 30, 2026 and 2025, respectively. Amortization expense related to intangible assets included in discontinued operations was $425,685 and $856,063 for the three and six months ended June 30, 2025, respectively.

The estimated remaining amortization expense as of June 30, 2026 for finite-lived intangible assets is as follows:

 SCHEDULE OF FUTURE AMORTIZATION EXPENSE