v3.26.3
Intangible Assets, Net
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets, Net

Note 6. Intangible Assets, Net

 

The following table provides the gross carrying amount and accumulated amortization for each major class of intangible asset:

 

   September 30, 2026   December 31, 2025 
  

Gross carrying

amount

  

Accumulated

amortization

   Impairment   Net  

Gross carrying

amount

  

Accumulated

amortization

   Net 
Intangible assets subject to amortization                                              
Software licenses (Note 8)  $50,834   $(4,201)  $-   $46,633   $-   $-   $- 
Total  $50,834   $(4,201)  $-   $46,633   $-   $-   $- 
                                    
Intangible assets not subject to amortization                                   
IP addresses  $85   $-   $(85)  $-   $16   $-   $16 
Total intangible assets  $50,919   $(4,201)  $(85)  $46,633   $16   $-   $16 

 

 

Intangible assets acquired in 2026 totaled $50,834. Intangible assets subject to amortization were assigned useful lives of 5.5 years. Total amortization expense was $2,328 and $0 during the three months ended September 30, 2026 and 2025, respectively, and was $4,201 and $0 during the nine months ended September 30, 2026 and 2025, respectively.