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Intangible Assets
 9 Months Ended
Mar. 31, 2025
Intangible Assets [Abstract]  
Intangible Assets

7. Intangible Assets

 

Intangible assets consist of the following at:

 

   March 31,
2025		   June 30,
2024		 
Technology  $600,000   $600,000 
Customer relationships   570,000    570,000 
Trademarks   580,000    580,000 
Total   1,750,000    1,750,000 
Less: accumulated amortization   (378,574)   (263,077)
Total intangible assets, net  $1,371,426   $1,486,923 

 

The Company holds 14 patents, which are included in technology. These patents cover the functions of the Company’s products that allow its machines to produce the ozone in the form of nanobubbles.

 

Amortization expense related to intangibles was $38,499 for the three months ended March 31, 2025 and 2024, and $115,497 for the nine months ended March 31, 2025 and 2024, respectively.