NOTE
5 - INTANGIBLE ASSETS
Intangible
assets consist of the following:
SCHEDULE
OF INTANGIBLE ASSETS
| | |
| | |
| | |
Amortization | |
| | |
March 31, | | |
December 31, | | |
Period | |
| | |
2026 | | |
2025 | | |
(in Years) | |
| Amortized intangible assets: | |
| | | |
| | | |
| | |
| Patents | |
$ | 361,284 | | |
$ | 361,284 | | |
| 6 - 20 | |
| Proprietary technology | |
| 13,000 | | |
| 13,000 | | |
| 10 | |
| Tradename and brand | |
| 13,000 | | |
| 13,000 | | |
| 5 - 10 | |
| | |
| | | |
| | | |
| | |
| Total | |
| 387,284 | | |
| 387,284 | | |
| | |
| Accumulated amortization | |
| (334,077 | ) | |
| (330,069 | ) | |
| | |
| | |
| | | |
| | | |
| | |
| Intangible assets, net | |
| 53,207 | | |
| 57,215 | | |
| | |
| Indefinite-lived intangible assets: | |
| | | |
| | | |
| | |
| Trademarks | |
| 9,072 | | |
| 9,072 | | |
| | |
| | |
| | | |
| | | |
| | |
| Total intangible assets | |
$ | 62,279 | | |
$ | 66,287 | | |
| | |
Amortization
expense for the three months ended March 31, 2026 and 2025 was $4,008 and $7,929, respectively.
Estimated
future amortization expense for finite-lived intangible assets is as follows:
SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE
| | |
Amount | |
| | |
| |
| Remaining in 2026 | |
$ | 12,024 | |
| 2027 | |
| 16,032 | |
| 2028 | |
| 13,232 | |
| 2029 | |
| 4,239 | |
| 2030 | |
| 768 | |
| Thereafter | |
| 6,912 | |
| | |
| | |
| Total | |
$ | 53,207 | |
|