INVESTMENTS IN RELATED PARTIES |
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| INVESTMENTS IN RELATED PARTIES | NOTE 8 – INVESTMENTS IN RELATED PARTIES
The Company has non-controlling interest investments in related parties. Accordingly, the Company utilizes the guidance stated in ASC 323, Investments – Equity Method and Joint Ventures to account for applicable transactions. These investments lack readily determinable fair values. Consequently, these investments are accounted for under the practical expedient at cost minus impairment plus any changes in observable price changes from an orderly transaction of similar investments. An adjustment to the recognized value of the investment is not made if there are no identified events or changes in circumstances that may have a significant adverse effect on the fair value. Any income or loss from these investments is recognized in the Unaudited Condensed Consolidated Statements of Operations, net of operating expenses. These investments are reviewed at each balance sheet date for impairment.
The activity related to these investments for the six months ended June 30, 2026 and the year ended December 31, 2025 is as follows:
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