| SCHEDULE OF INTANGIBLE ASSETS SUBJECT TO AMORTIZATION |
As
of June 30, 2026, intangible assets subject to amortization consisted of the following:
SCHEDULE OF INTANGIBLE ASSETS SUBJECT TO AMORTIZATION
| |
|
June 30, 2026 |
|
| |
|
Amortization
period
(years) |
|
|
Gross
Amount |
|
|
Accumulated
Amortization |
|
|
Net finite
intangible
assets |
|
| Customer relationships |
|
|
5 |
|
|
$ |
388,000 |
|
|
$ |
(388,000 |
) |
|
|
- |
|
| Contractual employment agreements |
|
|
3 |
|
|
|
310,000 |
|
|
|
(310,000 |
) |
|
|
- |
|
| Acquired capitalized internal-use software development costs |
|
|
3 |
|
|
|
1,174,258 |
|
|
|
(392,710 |
) |
|
|
781,548 |
|
| |
|
|
|
|
|
$ |
1,872,258 |
|
|
|
(1,090,710 |
) |
|
|
781,548 |
|
As
of December 31, 2025, intangible assets subject to amortization consisted of the following:
| | |
December 31, 2025 | |
| | |
Amortization period (years) | | |
Gross Amount | | |
Accumulated Amortization | | |
Net finite intangible assets | |
| Customer relationships | |
5 | | |
| 388,000 | | |
| (388,000 | ) | |
| - | |
| Contractual employment agreements | |
3 | | |
| 310,000 | | |
| (310,000 | ) | |
| - | |
| Acquired capitalized internal-use software development costs | |
3 | | |
| 1,110,758 | | |
| (276,297 | ) | |
| 834,461 | |
| | |
| | |
$ | 1,808,758 | | |
$ | (974,297 | ) | |
$ | 834,461 | |
|
| SCHEDULE OF AMORTIZATION OF INTANGIBLE ASSETS |
Amortization
of intangible assets with finite lives attributable to future periods is as follows:
SCHEDULE OF AMORTIZATION OF INTANGIBLE ASSETS
| Year ending June 30: | |
Amount | |
| Remainder of 2026 | |
$ | 118,391 | |
| 2027 | |
| 234,861 | |
| 2028 | |
| 234,852 | |
| 2029 | |
| 162,439 | |
| 2030 and thereafter | |
| 31,005 | |
| Total | |
$ | 781,548 | |
|