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Intangible Assets | 6 Months Ended
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Jun. 30, 2025
Intangible Assets [Abstract] |
INTANGIBLE ASSETS | NOTE 5 – INTANGIBLE ASSETS On June 30, 2025 and December 31, 2024, intangible assets consisted of the following:
|  | Useful life |  | June 30, 2025 |  |  | December 31, 2024 |
License |  | 5 years |  | $ | 150,000 |  |  | $ | 150,000 |
Acquired internal-use software |  |  |  |  | 748,000 |  |  |  | - |
Subtotal |  |  |  |  | 898,000 |  |  |  | 150,000 |
Less: accumulated amortization |  |  |  |  | (89,867 | ) |  |  | (25,000 | )
Intangible assets, net |  |  |  | $ | 808,133 |  |  | $ | 125,000 |
On March 4, 2024, the Company entered into a Purchase Agreement with a third party to acquire certain technology and computer code. The Purchase Agreement grants the Company a perpetual, worldwide, non-exclusive, non-transferable, royalty free, fully paid license to (a) modify and create derivative works from certain technology and related codebase including, but not limited to, “Habit-tracking Module,” “Administrative Panel,” and related computer code. The aggregate purchase price was $150,000 and is included in intangible assets on the accompanying unaudited consolidated balance sheet. The purchase price of $150,000 was payable in four monthly installments of $37,500, beginning on March 15, 2024. On February 24, 2025, the Company consummated a Software Purchase Agreement with a third party, whereby the Company purchased software and related technologies for $500,000 in cash and 200,000 shares of the Company’s common stock. These shares were valued at $248,000, or $1.24 per share, based on the quoted closing price of the Company’s common stock on the measurement date. In connection with these shares and cash payment, the Company recorded an intangible asset of $748,000. For the six months ended June 30, 2025 and 2024, amortization of intangible assets amounted to $64,867 and $10,000, respectively, which is based on an estimated useful life of 5 years and includes amortization expense related to the License Agreement. Amortization of the intangible asset attributable to future periods is as follows:
Year ending June 30: |  | Amount |
2026 |  | $ | 179,600 |
2027 |  |  | 179,600 |
2028 |  |  | 179,600 |
2029 |  |  | 177,100 |
2030 |  |  | 92,233 |
|  | $ | 808,133 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
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