XML 23 R12.htm IDEA: XBRL DOCUMENT v3.25.3
Intangible Assets
 9 Months Ended
Sep. 30, 2025
Intangible Assets [Abstract]  
INTANGIBLE ASSETS

NOTE 6—INTANGIBLE ASSETS

 

Intangible assets as of September 30, 2025 and December 31, 2024 consisted of the following:

 

   September 30,   December 31, 
   2025   2024 
Trade names  $3,084,100   $3,084,100 
Customer lists   496,800    496,800 
Non-compete   224,000    224,000 
Order backlog   10,808,821    10,808,821 
Total intangible assets   14,613,721    14,613,721 
Less: accumulated amortization   (14,613,721)   (7,042,565)
Total intangible assets, net  $
-
   $7,571,156 

 

Amortization expense for the three months ended September 30, 2025 and 2024 was $0 and $257,011, respectively. Amortization expense for the nine months ended September 30, 2025 and 2024 was $7,571,156 and $771,028, respectively.