Intangible
assets, net consisted of the following:
Schedule of Intangible Assets, Net
| | |
June 30, 2026 |
| | |
Weighted-Average | |
Gross | | |
| | |
Net | |
| | |
Useful Life | |
Carrying | | |
Accumulated | | |
Carrying | |
| | |
(in Years) | |
Amount | | |
Amortization | | |
Amount | |
| In-process research and development | |
Indefinite | |
$ | 7,219,000 | | |
$ | - | | |
$ | 7,219,000 | |
| Total intangible assets | |
| |
$ | 7,219,000 | | |
$ | - | | |
$ | 7,219,000 | |
| | |
December 31, 2025 |
| | |
Weighted-Average | |
Gross | | |
| | |
Net | |
| | |
Useful Life | |
Carrying | | |
Accumulated | | |
Carrying | |
| | |
(in Years) | |
Amount | | |
Amortization | | |
Amount | |
| In-process research and development | |
Indefinite | |
$ | 7,219,000 | | |
$ | - | | |
$ | 7,219,000 | |
| Total intangible assets | |
| |
$ | 7,219,000 | | |
$ | - | | |
$ | 7,219,000 | |
|