Intangible assets consisted of purchased software and capitalized software development costs. The components of purchased software were as follows:


	June 30,			December 31,
	2026			2025
Software	$	10,966		$	10,966
Less: accumulated amortization		(6,207	)		(5,447	)
Net intangible assets	$	4,759		$	5,519

Amortization expense was $760 for both the six months ended June 30, 2026, and 2025 and $380 for both the three months ended June 30, 2026 and 2025.

The following table presents capitalized software as of June 30, 2026 and December 31, 2025:


	June 30, 2026			December 31, 2025
Components available for general release	$	1,416,315		$	—
Accumulated amortization		(60,736	)		—
Components available for general release, net		1,355,579			—
Components not yet available for general release		399,568			726,582
Capitalized software, net	$	1,755,147		$	726,582

Costs capitalized during the six months ended June 30, 2026 and 2025 were $1,089,301 and $354,171, respectively. Amortization expense, recorded in cost of sales, was $60,736 for each of the three and six months ended June 30, 2026 and $0 for each of the three and six months ended June 30, 2025. At each balance sheet date the Company compares the unamortized capitalized costs of each component to its net realizable value; no write-downs to net realizable value were recorded during the three and six months ended June 30, 2026 or 2025.

The Company's estimates of anticipated future gross revenues and of the remaining estimated economic life of each component are inherently uncertain and are based on the Company's product roadmap, contracted backlog, and expected procurement awards. It is reasonably possible that those estimates could change in the near term, which could result in an increase in periodic amortization or in a write-down of capitalized costs to net realizable value in amounts that could be material to the Company's results of operations.