XML 41 R25.htm IDEA: XBRL DOCUMENT v3.25.1
Intangible Assets, Net (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

At December 31, 2024, intangible assets consisted of the following:

 

   Estimated      Accumulated     
   Useful Life  Costs   Amortization   Net 
Trade names  10 years  $297,000   $(106,467)  $190,533 
Proprietary technology  10 years   861,000    (236,775)   624,225 
Customer relationships  5-15 years   4,091,000    (1,506,729)   2,584,271 
      $5,249,000   $(1,849,971)  $3,399,029 

 

At December 31, 2023, intangible assets consisted of the following:

 

   Estimated      Accumulated     
   Useful Life  Costs   Amortization   Net 
Trade names  10 years  $297,000   $(76,767)  $220,233 
Proprietary technology  10 years   861,000    (150,675)   710,325 
Customer relationships  5-15 years   4,091,000    (1,112,220)   2,978,780 
      $5,249,000   $(1,339,662)  $3,909,338 
Schedule of Amortization Expense for Intangible Assets

 

For the Years Ending December 31  Amount 
2025  $492,841 
2026   352,441 
2027   326,108 
2028   309,129 
2029   305,733 
Thereafter   1,612,777 
Intangible assets  $3,399,029