v3.26.1
Capitalized research and development costs, net
6 Months Ended
Jun. 30, 2026
Research and Development [Abstract]  
Capitalized research and development costs, net

Note 3 – Capitalized research and development costs, net

 

Beginning January 1, 2025, as technological feasibility had been established, all internal software development costs are capitalized until the product is available for general release to customers. These costs are amortized over the estimated life of the products, which the Company has determined to be three years.

Capitalized research and development costs, net

Balance at January 1, 2025   - 
Additions   3,664,957 
Balance at December 31, 2025   3,664,957 
Additions   449,961 
Amortization   (305,413)
Balance at March 31, 2026   3,809,505 
Additions   595,610 
Amortization   (342,910)
Balance at June 30, 2026   4,062,206 

 

The Company had recorded amortization of Capitalized project costs in the amount of $342,910 and $648,323 for the three and six months ended June 30, 2026. There was no amortization recorded during the corresponding periods in 2025.