Intangible Assets, Net (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Intangible Asset, Goodwill and Other [Abstract] |
|
| Schedule of finite-lived intangible assets |
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 relationships | 4 | | $ | 411,700 | | | $ | 128,656 | | | $ | 283,044 | | | Trade name | 2 | | 148,080 | | | 92,550 | | | 55,530 | | | IPR&D | N/A | | 6,777,020 | | | — | | | 6,777,020 | | | Capitalized Software | N/A | | 112,270 | | | — | | | 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 relationships | 4 | | $ | 411,700 | | | $ | 77,194 | | | $ | 334,506 | | | Trade name | 2 | | 148,080 | | | 55,530 | | | 92,550 | | | IPR&D | N/A | | 6,777,020 | | | — | | | 6,777,020 | | | Capitalized Software | N/A | | 64,437 | | | — | | | 64,437 | | | | | $ | 7,401,237 | | | $ | 132,724 | | | $ | 7,268,513 | |
|
| Schedule of indefinite-lived intangible assets |
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 relationships | 4 | | $ | 411,700 | | | $ | 128,656 | | | $ | 283,044 | | | Trade name | 2 | | 148,080 | | | 92,550 | | | 55,530 | | | IPR&D | N/A | | 6,777,020 | | | — | | | 6,777,020 | | | Capitalized Software | N/A | | 112,270 | | | — | | | 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 relationships | 4 | | $ | 411,700 | | | $ | 77,194 | | | $ | 334,506 | | | Trade name | 2 | | 148,080 | | | 55,530 | | | 92,550 | | | IPR&D | N/A | | 6,777,020 | | | — | | | 6,777,020 | | | Capitalized Software | N/A | | 64,437 | | | — | | | 64,437 | | | | | $ | 7,401,237 | | | $ | 132,724 | | | $ | 7,268,513 | |
|
| Schedule of future amortization expense |
The estimated future amortization expense is as follows: | | | | | | | Future Amortization Expense | | 2026 (Remaining) | $ | 88,483 | | | 2027 | 121,435 | | | 2028 | 102,925 | | | 2029 | 25,731 | | | Total | $ | 338,574 | |
|