Intangible Assets, net |
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| Intangible Assets, net | Note 5 – Intangible Assets, net
In 2022, the Company acquired the intellectual property of MFB California, 19 patents centered around its MFB Technology for the prevention and spread of wildfires. MFB California currently holds 31 granted patents and 56 pending patent applications. The granted patents include MFB California’s main chemistry and applications. MFB California has 21 trademarks and various copyrights. Internally generated patents, trademarks and copyrights, are expensed as incurred.
As of September 30, 2025 and December 31, 2024, finite lived intangible assets consisted of the following:
Estimated future amortization expense for finite lived intangibles are as follows:
As of September 30, 2025, the weighted-average useful life is 14.38 years.
During the three and nine months ended September 30, 2025 and 2024, amortization expense is as follows:
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