v3.24.1.u1
INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2024
INTANGIBLE ASSETS  
Schedule of future annual amortization expense for unamortized intangible assets

The Company expects the future annual amortization expense for the unamortized intangible assets to be as follows:

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Years ending December 31, 

    

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2024 (excluding the three months ended March 31, 2024)

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$

17,884

2025

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23,845

2026

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23,845

2027

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23,845

2028

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23,845

Thereafter

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17,883

Total

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$

131,147

Schedule of gross carrying amount and net book value of intangible assets

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The gross carrying amount and net book value of the intangible asset is as follows:

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As of

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March 31, 

    

December 31, 

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2024

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2023

Gross Carrying Amount

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$

215,000

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$

215,000

Accumulated Amortization

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(83,853)

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(77,892)

Net Book Value

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$

131,147

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$

137,108

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