| Schedule of Activity in Goodwill |
The following is a summary of activity in goodwill for the nine months ended September 30, 2026: | Balance at December 31, 2025 | | $ | 5,101,625 | | | Foreign exchange transactions | | | (17,922 | ) | | Balance at September 30, 2026 | | $ | 5,083,703 | | The following is a summary of activity in goodwill for the year ended December 31, 2025: | Balance at December 31, 2024 | | $ | 4,779,625 | | | Foreign exchange transactions | | | 322,000 | | | Balance at December 31, 2025 | | $ | 5,101,625 | |
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| Schedule of Intangible Assets |
Intangible assets consist of the following: | | | As of September 30, 2026 | | | | | Amortization
Period | | | Costs as of
January 1, 2026 | | | Additions | | | Disposals | | | Ending
Costs | | | Accumulated
Amortization | | | Accumulated
Impairment | | | Net Book
Value | | | Patents | | 15 years | | | $ | 7,790,596 | | | $ | 176,859 | | | $ | - | | | $ | 7,967,455 | | | $ | (6,909,241 | ) | | $ | - | | | $ | 1,058,214 | | | Proprietary technology | | 10 years | | | | 6,904,306 | | | | - | | | | - | | | | 6,904,306 | | | | (919,363 | ) | | | - | | | | 5,984,943 | | | Intangible assets, net | | | | | $ | 14,694,902 | | | $ | 176,859 | | | $ | - | | | $ | 14,871,761 | | | $ | (7,828,604 | ) | | $ | - | | | $ | 7,043,157 | | | | | As of December 31, 2025 | | | | | Amortization
Period | | | Costs as of
January 1, 2025 | | | Additions | | | Disposals | | | Ending
Costs | | | Accumulated
Amortization | | | Accumulated
Impairment | | | Net Book
Value | | | Patents | | 15 years | | | $ | 7,551,468 | | | $ | 239,128 | | | $ | - | | | $ | 7,790,596 | | | $ | (6,844,695 | ) | | $ | - | | | $ | 945,901 | | | Proprietary technology | | 10 years | | | | - | | | | 6,904,306 | | | | - | | | | 6,904,306 | | | | (423,343 | ) | | | - | | | | 6,480,963 | | | Intangible assets, net | | | | | $ | 7,551,468 | | | $ | 7,143,434 | | | $ | - | | | $ | 14,694,902 | | | $ | (7,268,038 | ) | | $ | - | | | $ | 7,426,864 | |
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| Schedule of Future Estimated Amortization Expense |
Future estimated amortization expense for the Company’s intangible assets is approximately as follows: | Future estimated amortization as of September 30, 2026 | | | | | 2026 – Remaining | | $ | 194,746 | | | 2027 | | | 778,983 | | | 2028 | | | 778,983 | | | 2029 | | | 778,983 | | | 2030 | | | 778,983 | | | Thereafter | | | 3,732,479 | | | | | $ | 7,043,157 | |
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