Intangible Assets |
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| Intangible Assets | NOTE 5 — Intangible Assets
In December 2025 the Company capitalized website development costs of $22,060, which is being amortized over a three-year life. In August 2026 the Company capitalized website upgrade development costs of $10,200, which is being amortized over a three-year life. As of December 31, 2025, the accumulated amortization for the software was $119. As of September 30, 2026, the accumulated amortization for the software was $5,918.
In April 2026 the Company capitalized API development costs of $25,875, which is being amortized over a three-year life. As of September 30, 2026, the accumulated amortization for the software was $3,761.
The Company had the following intangible assets as of September 30, 2026, and December 31, 2025:
During the three months ended September 30, 2026, the Company recorded amortization expense of $4,278. During the nine months ended September 30, 2026, the Company recorded amortization expense of $9,560.
The Company expects to recognize amortization expense of $7,001 for the remainder of the fiscal year ending December 31, 2026, amortization expense of $19,379 for the fiscal year ending December 31, 2027, amortization expense of $19,258 for the fiscal year ending December 31, 2028, and amortization expense of $2,819 for the fiscal year ending December 31, 2029.
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