| SCHEDULE OF INTANGIBLE ASSETS |
Intangible
assets consist of the following:
SCHEDULE OF INTANGIBLE ASSETS
| | |
June 30, | | |
December 31, | |
| | |
2026 | | |
2025 | |
| | |
| | |
| |
| Software development costs - Delivmeds | |
$ | 2,946,773 | | |
$ | 2,499,543 | |
| Accumulated impairment | |
| (649,185 | ) | |
| (649,185 | ) |
| Capitalized software | |
$ | 2,297,588 | | |
$ | 1,850,358 | |
| | |
| | | |
| | |
| Customer relationships - Woodsage acquisition | |
| 393,853 | | |
| 393,853 | |
| Customer relationships - Wellgistics acquisition | |
| 11,256,067 | | |
| 11,256,067 | |
| Trademark - Wellgistics acquisition | |
| 10,143,137 | | |
| 10,143,137 | |
| License rights | |
| 2,500,000 | | |
| 2,500,000 | |
| Intangible assets, gross | |
| 24,293,057 | | |
| 24,293,057 | |
| Accumulated amortization | |
| (4,757,231 | ) | |
| (4,099,307 | ) |
| Accumulated impairment | |
| (9,879,075 | ) | |
| (9,879,075 | ) |
| Other intangible assets, net | |
$ | 9,656,751 | | |
$ | 10,314,675 | |
|
| SCHEDULE OF FUTURE AMORTIZATION OF INTANGIBLES ASSETS |
The
following table represents the future amortization of intangible assets:
SCHEDULE OF FUTURE AMORTIZATION OF INTANGIBLES ASSETS
| June 30, | |
| |
| 2026 (remaining 6 months) | |
$ | 836,495 | |
| 2027 | |
| 1,672,991 | |
| 2028 | |
| 1,672,991 | |
| 2029 | |
| 1,672,991 | |
| 2030 | |
| 1,423,045 | |
| Thereafter | |
| 2,378,238 | |
| Intangible assets | |
| 9,656,751 | |
|