| Schedule of 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 | | |
| | |
|
| Schedule of Estimated Amortization Expense for Intangible Assets |
Estimated
amortization expense for intangible assets for the next five years consists of the following as of June 30, 2026:
Schedule of Estimated
Amortization Expense for Intangible Assets
| | |
| | |
| | |
| 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 | |
|