| Schedule of Goodwill and Intangible Assets |
Goodwill
and intangible assets consist of the following:
Schedule of Goodwill and Intangible Assets
| | |
December
31, 2025 | | |
December
31, 2024 | |
| Goodwill | |
$ | 20,007,670 | | |
$ | 20,007,670 | |
| | |
| | | |
| | |
| Intangible
Assets | |
| | | |
| | |
| Customer
relationships | |
$ | 1,700,000 | | |
$ | 1,700,000 | |
| Trade
name | |
| 2,400,000 | | |
| 2,400,000 | |
| Developed
technology | |
| 3,091,163 | | |
| 2,600,000 | |
| Intangible
assets, gross | |
| 7,191,163 | | |
| 6,700,000 | |
| Accumulated
amortization | |
| (4,703,341 | ) | |
| (2,431,668 | ) |
| Intangible
assets, net | |
$ | 2,487,822 | | |
$ | 4,268,332 | |
|
| Schedule of Identifiable Intangibles Assets Estimated Remaining Useful Lives |
Identifiable
intangibles are amortized over their estimated remaining useful lives, which are as follows:
Schedule of Identifiable Intangibles Assets Estimated Remaining Useful Lives
| Description | |
Weighted
Average
Useful
Life (in years) | |
| Customer
relationships | |
| 3 | |
| Trademarks,
trade names and service marks | |
| 3 | |
| Developed
technology | |
| 3 | |
|
| Schedule of Estimated Amortization Expense |
Estimated
amortization expense for the Company is as follows:
Schedule of Estimated Amortization Expense
| | |
| | |
| 2026 | |
$ | 2,255,884 | |
| 2027 | |
| 163,720 | |
| 2028 | |
| 68,218 | |
| Total | |
$ | 2,487,822 | |
|