v3.26.1
Intangible Assets, Net
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets, Net Intangible Assets, Net
As of June 30, 2026 and December 31, 2025, intangible assets were comprised of the following:
Estimated
Useful Life
(Years)
Gross Carrying
Amount at
June 30, 2026
Accumulated
Amortization
Net Book Value
at June 30, 2026
Customer relationships4$411,700 $128,656 $283,044 
Trade name2148,080 92,550 55,530 
IPR&DN/A6,777,020 — 6,777,020 
Capitalized SoftwareN/A112,270 — 112,270 
$7,449,070 $221,206 $7,227,864 
Estimated
Useful Life
(Years)
Gross Carrying
Amount at
December 31, 2025
Accumulated
Amortization
Net Book Value
at December 31, 2025
Customer relationships4$411,700 $77,194 $334,506 
Trade name2148,080 55,530 92,550 
IPR&DN/A6,777,020 — 6,777,020 
Capitalized SoftwareN/A64,437 — 64,437 
$7,401,237 $132,724 $7,268,513 
IPR&D and capitalized software are not amortized until the assets are substantially complete and ready for their intended use.
Amortization expense for the three months ended June 30, 2026 and 2025 was $44,241 and $44,241, respectively.
Amortization expense for the six months ended June 30, 2026 and 2025 was $88,482 and $44,241, respectively.
The estimated future amortization expense is as follows:
Future Amortization
Expense
2026 (Remaining)$88,483 
2027121,435 
2028102,925 
202925,731 
Total$338,574 
The weighted average remaining amortization period for the Company’s intangible assets as of June 30, 2026 was 2.42 years.