7.
INTANGIBLE ASSETS
SCHEDULE OF INTANGIBLE ASSETS
Table
7.1: Details of Intangible Assets, Net
| | |
September
30, 2025 | | |
December
31, 2024 |
| | |
Gross
Carrying Amount | | |
Accumulated
Depreciation and Amortization | | |
Net
Carrying Amount | | |
Gross
Carrying Amount | | |
Accumulated
Depreciation and Amortization | | |
Net
Carrying Amount | |
| Contractual relationship | |
$ | 66,361 | | |
$ | (66,361 | ) | |
$ | - | | |
$ | 66,361 | | |
$ | (66,361 | ) | |
$ | - | |
| Implementation | |
| 28,099 | | |
| (28,099 | ) | |
| - | | |
| 28,099 | | |
| (28,099 | ) | |
| - | |
| Software | |
| 100,000 | | |
| (100,000 | ) | |
| - | | |
| 100,000 | | |
| (75,000 | ) | |
| 25,000 | |
| Intangible
assets, net | |
$ | 194,460 | | |
$ | (194,460 | ) | |
$ | - | | |
$ | 194,460 | | |
$ | (169,460 | ) | |
$ | 25,000 | |
SCHEDULE
OF INTANGIBLE ASSET AMORTIZATION
Table
7.2: Details of Intangible Asset Amortization
| | |
|
|
|
|
| | |
|
|
|
|
| |
| | |
For
the Three Months Ended | | |
For
the Nine Months Ended | |
| | |
September
30, 2025 | | |
September
30, 2024 | | |
September
30, 2025 | | |
September
30, 2024 | |
| Amortization expense, presented
in SG&A | |
$ | 7,917 | | |
$ | - | | |
$ | 25,000 | | |
$ | - | |
|