| Schedule of identifiable intangible assets |
Identifiable intangible assets consist of the following at June 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted Average | | | | | | | | | | | | Remaining Amortization | | | | | Accumulated | | | | | | Period (years) | | Gross Amount | | Amortization | | Net Amount | Customer relationships | | 4.7 | | $ | 1,343,682 | | | (1,253,577) | | $ | 90,105 | Trade name | | 3.2 | | | 912,355 | | | (821,222) | | | 91,133 | Noncompetition agreement | | 0.0 | | | 91,167 | | | (91,167) | | | — | Intellectual property | | 0.0 | | | 15,862 | | | (15,862) | | | — | Intangible assets: Proprietary technology | | 6.3 | | | 864,000 | | | (82,286) | | | 781,714 | Internally developed software | | 3.1 | | | 346,987 | | | (75,489) | | | 271,498 | Intangible assets: Patent | | 8.0 | | | 19,324 | | | (9,018) | | | 10,306 | Technology | | 14.8 | | | 273,000 | | | (4,550) | | | 268,450 | Developed technology | | 3.1 | | | 440,530 | | | (193,863) | | | 246,667 | Total intangible assets, net | | | | $ | 4,306,907 | | $ | (2,547,034) | | $ | 1,759,873 |
Identifiable intangible assets consist of the following at December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted Average | | | | | | | | | | | | Remaining Amortization | | | | | Accumulated | | | | | | Period (years) | | Gross Amount | | Amortization | | Net Amount | Customer relationships | | 9.0 | | $ | 1,333,681 | | | (1,016,070) | | $ | 317,611 | Trade name | | 5.0 | | | 868,355 | | | (634,917) | | | 233,438 | Noncompetition agreement | | 1.1 | | | 91,167 | | | (83,537) | | | 7,630 | Intellectual property | | 0.0 | | | 15,862 | | | (15,862) | | | — | Intangible assets: Proprietary technology | | 6.8 | | | 864,000 | | | (20,571) | | | 843,429 | Internally developed software | | 3.3 | | | 201,314 | | | (44,038) | | | 157,276 | Intangible assets: Patent | | 8.5 | | | 19,324 | | | (8,374) | | | 10,950 | Developed technology | | 3.6 | | | 440,530 | | | (123,466) | | | 317,064 | Total intangible assets, net | | | | $ | 3,834,233 | | $ | (1,946,835) | | $ | 1,887,398 |
|
Identifiable intangible assets consist of the following at December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted Average Remaining | | | | | | | | | Amortization
Period (years) | | Gross Amount | | Accumulated
Amortization | | Net Amount | Customer relationships | | 9.0 | | $ | 1,333,681 | | | (1,016,070) | | $ | 317,611 | Trade name | | 5.0 | | | 868,355 | | | (634,917) | | | 233,438 | Noncompetition agreement | | 1.1 | | | 91,167 | | | (83,537) | | | 7,630 | Intellectual property | | 0.0 | | | 15,862 | | | (15,862) | | | — | Intangible assets: Proprietary technology | | 6.8 | | | 864,000 | | | (20,571) | | | 843,429 | Internally developed software | | 3.3 | | | 201,314 | | | (44,038) | | | 157,276 | Intangible assets: Patent | | 8.5 | | | 19,324 | | | (8,374) | | | 10,950 | Developed technology | | 3.6 | | | 440,530 | | | (123,466) | | | 317,064 | Total intangible assets, net | | | | $ | 3,834,233 | | $ | (1,946,835) | | $ | 1,887,398 |
Identifiable intangible assets consist of the following at December 31, 2024*: | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted Average
Remaining Amortization
Period (years) | | Gross Amount | | Accumulated
Amortization | | Net Amount | Customer relationships | | 11.5 | | $ | 777,180 | | $ | (373,653) | | $ | 403,527 | Tradename | | 6.1 | | | 386,080 | | | (102,722) | | | 283,358 | Noncompetition agreements | | 2.1 | | | 34,000 | | | (19,570) | | | 14,430 | Intellectual property | | 9.5 | | | 35,186 | | | (22,947) | | | 12,239 | Acquired technology | | 4.6 | | | 440,530 | | | (35,360) | | | 405,170 | Internally developed software | | 3.3 | | | 110,098 | | | (54,031) | | | 56,067 | Total intangible assets, net | | | | $ | 1,783,074 | | $ | (608,283) | | $ | 1,174,791 |
* Prior period amounts are presented on a net basis and reflect the impact of an $835,319 impairment charge on intangible assets recorded during the year ended December 31, 2024. This presentation has no impact on the consolidated financial statements as the net carrying value of the reported assets remains unchanged.
|