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Intangible Assets (Tables)
 8 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

 

   December 31, 2024 
   Gross Value   Accumulated Amortization   Net Value 
Proprietary technology  $7,987,001   $(2,640,323)  $5,346,678 
Backlog   276,000    (16,610)   259,390 
Customer relationships   900,000    (50,000)   850,000 
Non-compete agreements   65,000    (65,000)   — 
Total finite-lived assets   9,228,001    (2,771,933)   6,456,068 
Brand name   1,997,000    —    1,997,000 
Total indefinite-lived assets   1,997,000    —    1,997,000 
Total intangible assets, net  $11,225,001   $(2,771,933)  $8,453,068 

 

 

   April 30, 2024   April 30, 2023 
   Gross Value   Accumulated Amortization   Net Value  

Gross

Value

   Accumulated Amortization   Net Value 
Proprietary technology  $4,282,001   $(1,917,612)  $2,364,389   $4,967,000   $(1,271,112)  $3,695,888 
Customer relationships   —    —    —    39,000    (18,106)   20,894 
Non-compete agreements   65,000    (65,000)   —    81,000    (56,667)   24,333 
Total finite-lived assets   4,347,001    (1,982,612)   2,364,389    5,087,000    (1,345,885)   3,741,115 
Brand name   1,430,000    —    1,430,000    3,152,000    —    3,152,000 
Total indefinite-lived assets   1,430,000    —    1,430,000    3,152,000    —    3,152,000 
Total intangible assets, net  $5,777,001   $(1,982,612)  $3,794,389   $8,239,000   $(1,345,885)  $6,893,115 
Schedule of Finite Lived Intangible Assets Future Amortization Expense

As of December 31, 2024, expected amortization expense for finite-lived intangible assets for the next five years is as follows:

 

Fiscal Year Ended:    
2025  $1,406,602 
2026   1,406,602 
2027   1,170,165 
2028   697,286 
2029   697,286 
Thereafter   1,078,127 
Total  $6,456,068