v3.25.3
SOFTWARE DEVELOPMENT COSTS
9 Months Ended
Sep. 30, 2025
Research and Development [Abstract]  
SOFTWARE DEVELOPMENT COSTS

NOTE 2 - SOFTWARE DEVELOPMENT COSTS

 

The Company is developing an open-source platform and developer infrastructure to enable access to a global economy using real-world asset tokenization built on a proprietary blockchain. Research and planning phase costs are expensed as incurred. Costs incurred in the application and infrastructure development stage, including significant enhancements and upgrades, are capitalized. These costs to date have only included external consultants, but in the future could include Company personnel and related employee benefits expenses for employees who are directly associated with and who devote time to software projects and external direct costs of materials obtained in developing the software.

 

Eco Bright capitalized $1,010,500 and $425,500 in software development costs as of September 30, 2025 and December 31, 2024, respectively. Upon completion, the Company will amortize its software development costs on a straight-line basis over the estimated the useful life.