v3.26.3
Finite Lived Intangible Assets and Goodwill (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Finite Lived Intangible Assets and Goodwill [Abstract]    
Schedule of Goodwill

The following table presents goodwill as of June 30, 2026:

 

Goodwill, beginning of period $ 244,635  
Additions from acquisition (Note 3)   1,288,000  
Goodwill, end of period $ 1,532,635  
 
Schedule of Amortization of Intangible Assets with Finite Lives

Amortization of intangible assets with finite lives is calculated on the straight-line method based on the following estimated useful lives: 

 

Website and software development costs   5 years
Intellectual property   5-15 years
Customer relationships   7 years
 
Schedule of Intangible Assets (Excluding Goodwill)

The following table presents intangible assets other than goodwill as of June 30, 2026 and December 31, 2025:

 

    June 30, 2026  
    Gross
Carrying
Amount		     Accumulated
Amortization		     Net Carrying
Amount		  
Intellectual property   $ 11,852,000     $ 637,000     $ 11,215,000  
Trade names     1,800,000       53,333       1,746,667  
Website & software development costs     330,482       174,233       156,249  
Customer relationships     9,154,000       912,730       8,241,270  
Total   $ 23,136,482     $ 1,777,296     $ 21,359,186  

 

    December 31, 2025  
    Gross
Carrying
Amount		     Accumulated
Amortization		     Net Carrying
Amount		  
Intellectual property   $ 152,000     $ 106,500     $ 45,500  
Website & software development costs     225,907       151,642       74,265  
Customer relationships     354,000       354,000       -  
Total   $ 731,907     $ 612,142     $ 119,765  

The following table presents intangible assets other than goodwill as of December 31, 2025 and 2024:

 

    2025  
    Gross Carrying Amount     Accumulated Amortization     Net Carrying Amount  
Intellectual property   $ 152,000     $ 106,500     $ 45,500  
Website & software development costs     225,907       151,642       74,265  
Customer relationships     354,000       354,000       -  
Total   $ 731,907     $ 612,142     $ 119,765  

 

    2024  
    Gross Carrying Amount     Accumulated Amortization     Net Carrying Amount  
Intellectual property   $ 152,000     $ 81,024     $ 70,976  
Website & software development costs     225,907       106,461       119,446  
Customer relationships     354,000       320,286       33,714  
Total   $ 731,907     $ 507,770     $ 224,137  
Schedule of Future Expected Amortization Expense of Intangible Assets

Future expected amortization expense of intangible assets is as follows:

 

Year Ending December 31,      
2026 (remaining)   $ 1,321,186  
2027     2,632,084  
2028     2,585,501  
2029     2,567,477  
2030     2,547,143  
Thereafter     9,705,794  
Total   $ 21,359,186  

Future expected amortization expense of intangible assets is as follows:

 

Year Ending December 31,      
2026     66,181  
2027     50,083  
2028     3,500  
Total   $ 119,765