XML 62 R45.htm IDEA: XBRL DOCUMENT v3.25.1
Intangible and Other Long-Term Assets (Tables)
 12 Months Ended
Dec. 31, 2024
Intangible and Other Long-Term Assets [Abstract]  
Schedule of Balances

The balances as of December 31, 2024 and 2023 are as follows:

 

   2024   Amortization
Assets  Original
Value		   Accumulated
amortization		   Net   period
(years)
Republic trade mark  $110,476   $        $110,476  
*
Customers list   67,442    67,442        20
Total from Republic (1)   177,918    67,442    110,476    
                   
Customers list   2,205,700    2,205,700        9
San 42 trademark (2)   329,600         329,600  
*
Goodwill (2)   1,814,160         1,814,160  
*
Total from Grupo San (3)   4,349,460    2,205,700    2,143,760    
    4,527,378    2,273,142    2,254,236    
Other assets   8,369         8,369    
   $4,535,747   $2,273,142   $2,262,605    
   2023   Amortization
Assets  Original
Value		   Accumulated
Amortization		   Net   period
(years)
Republic trade mark  $90,995   $           $90,995  
*
Customers list   55,549    55,549        20
Total from Republic (1)   146,544    55,549    90,995    
                   
Customers list   2,205,700    2,205,700        9
San 42 trademark (2)   329,600         329,600  
*
Goodwill (2)   1,814,160         1,814,160  
*
Total from Grupo San (3)   4,349,460    2,205,700    2,143,760    
    4,496,004    2,261,249    2,234,755    
Other assets   63,326    0    63,326    
   $4,559,330   $2,261,249   $2,298,081    

 

* Intangible assets with undefined useful life.

 

(1) Intangible assets from the Republic acquisition.

 

(2) The San 42 trademark and the goodwill are presented net of impairment losses recorded in 2009 for $16,000 and $2,352,000, respectively.

 

(3) Intangible assets from the Grupo San acquisition.
Schedule of Reconciliation Between the Opening and Closing Balances

The reconciliation between the opening and closing balances of each year is presented below:

 

Assets 

Original

Value

   Accumulated
amortization		   Net 
             
Balance as of December 31, 2022  $4,594,619   $(2,269,364)  $2,325,255 
Additions   7,344    (7,344)     
Cancellations   (27,174)        (27,174)
Adjustment effect of the year   (15,459)   15,459      
Balance as of December 31, 2023  $4,559,330   $(2,261,249)  $2,298,081 
Additions   11,893    (11,893)     
Cancellations   (35,476)        (35,476)
Balance as of December 31, 2024  $4,535,747   $(2,273,142)  $(2,262,605)