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Intangible Assets and Goodwill | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Goodwill | 4. Intangible Assets and Goodwill The Company’s intangible assets and goodwill consisted of:
|  | December 31, |
|  | 2024 |  |  | 2023 |
Tradename |  | $ | 11,267,698 |  |  | $ | 10,007,698 |
Customer List |  |  | 21,114,198 |  |  |  | 18,824,198 |
Non-Compete |  |  | 1,667,536 |  |  |  | 1,247,536 |
Patents |  |  | 2,271,980 |  |  |  | 2,271,980 |
Subtotal |  | $ | 36,321,412 |  |  | $ | 32,351,412 |
Less: Accumulated Amortization |  |  | 15,918,312 |  |  |  | 13,349,964 |
Translation Adjustments |  |  | (80,069 | ) |  |  | - |
Intangible Assets |  | $ | 20,323,031 |  |  | $ | 19,001,448 |
Goodwill |  | $ | 9,907,657 |  |  | $ | 8,188,829 |
Total: |  | $ | 30,230,688 |  |  | $ | 27,190,277 |
Amortization expense for intangible assets for the years ended December 31, 2024 and 2023 were $2,568,349 and $2,111,078, respectively. The estimated aggregate amortization expense for each of the next five years, calculated on a similar basis, is as follows: 2025 - $2,431,597; 2026 - $2,033,725; 2027 - $1,705,356; 2028 - $1,588,689; and 2029 - $1,518,055.

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