Intangible Assets

6 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

Intangible Assets

(7) Intangible Assets

Intangible assets as of June 30, 2026 consisted of the following:

Schedule of Intangible Assets

		Gross
		Carrying Amount				Accumulated Amortization				Net Amount				Weighted Average Life
Indefinite-lived intangibles
Trade name		$	514,284			$	–			$	514,284				Indefinite
Total Indefinite-lived intangibles			514,284				–				514,284

Definite-lived intangibles
Intellectual property			9,080,288				896,394				8,183,894				9.92
Customer relationships			3,508,710				631,263				2,877,447				13.33
Licenses			1,250,000				520,833				729,167				1.20
Total definite-lived intangibles			13,838,998				2,048,490				11,790,508

Total intangible assets		$	14,353,282			$	2,048,490			$	12,304,792

Amortization expense for the three months ended June 30, 2026 and 2025 was $420,082 and $151,633, respectively.

Amortization expense for the six months ended June 30, 2026 and 2025 was $840,163 and $178,866 respectively.

Estimated amortization expense for intangible assets for the next five years consists of the following as of June 30, 2026:


			Amount
2026 (remaining)		$	840,164
2027			1,471,995
2028			1,055,328
2029			1,055,328
2030			1,055,328
Thereafter			6,312,365
Total estimated amortization expense		$	11,790,508