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

Note 5 - INTANGIBLE ASSETS

 

The following table summarizes intangible assets:

 

 

   June 30, 2026   December 31, 2025 
Developed technology  £20,000,000   £20,000,000 
Less: accumulated amortization   (9,241,095)   (8,241,095)
Intangible assets, net  £10,758,905   £11,758,905 

 

Amortization expense was £1,000,000 for the six months ended June 30, 2026 and 2025.

 

The below table represents the future amortization expense:

 

 

      
2026  £1,000,000 
2027   2,000,000 
2028   2,000,000 
2029   2,000,000 
2030   2,000,000 
Thereafter   1,758,905 
Total  £10,758,905