v3.26.1
Property & Equipment, Intangible Assets, and Software Development Costs
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property & Equipment, Intangible Assets, and Software Development Costs

Note 2 – Property & Equipment, Intangible Assets, and Software Development Costs

 

Property and equipment and software development costs consisted of the following as of:

          
   June 30, 2026   December 31, 2025 
         
Computers and equipment  $102,125   $102,125 
Furniture   11,258    11,258 
Accumulated depreciation   (108,518)   (106,713)
Total property and equipment, net  $4,865   $6,670 
           
Domain name  $3,947   $3,947 
Patents   33,781    23,596 
Accumulated amortization   (3,409)   (1,758)
Total intangible assets, net  $34,319   $25,785 
           
Software development costs  $9,981,710   $9,429,985 
Accumulated amortization   (8,315,205)   (7,821,166)
Total software development costs, net  $1,666,505   $1,608,819 

 

The Company recognized depreciation expense of $903 and $1,348 for the three months ended June 30, 2026 and 2025, respectively, related to property and equipment, amortization expense of $930 and $163 for the three months ended June 30, 2026 and 2025, respectively, related to intangible assets, and amortization expense of $259,568 and $356,227 for the three months ended June 30, 2026 and 2025, respectively, related to software development costs.

 

The Company recognized depreciation expense of $1,806 and $2,696 for the six months ended June 30, 2026 and 2025, respectively, related to property and equipment, amortization expense of $1,520 and $185 for the six months ended June 30, 2026 and 2025, respectively, related to intangible assets, and amortization expense of $494,171 and $787,286 for the six months ended June 30, 2026 and 2025, respectively, related to software development costs.