v3.26.1
Intangible Assets, net
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets, net

Note 6. Intangible Assets, net

 

The following table provides the gross carrying amount and accumulated amortization for each major class of intangible asset:

 

   June 30, 2026   December 31, 2025 
   Gross carrying
amount		   Accumulated
amortization		   Net   Gross carrying
amount		   Accumulated
amortization		   Net 
Intangible assets subject to amortization                                    
Software licenses (Note 8)  $50,834   $(1,873)  $48,961   $-   $-   $- 
Total  $50,834   $(1,873)  $48,961   $-   $-   $- 
                               
Intangible assets not subject to amortization                              
IP Addresses  $84   $-   $84   $16   $-   $16 
Total intangible assets, net  $50,918   $(1,873)  $49,045   $16   $-   $16 

 

 

Intangible assets acquired in 2026 totaled $50,834 which were subject to amortization, and $68 which were not subject to amortization. Intangible assets subject to amortization were assigned useful lives of 5.5 years. Total amortization expense was $1,873 for both the three and six months ended June 30, 2026 compared to $0 for the same periods in 2025.