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NOTE 2 — Intangible Assets | 12 Months Ended
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Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract] |
NOTE 2 — Intangible Assets | NOTE 2 — Intangible Assets In 2021, the Company entered into the Technology Transfer Agreement with SpringCard SAS (“SpringCard”), a market leader at the forefront of innovative electronic design and development. Its contactless and wireless solutions support a wide range of customers, ranging from large multinational corporations to locally focused businesses. As of December 31, 2023, our Balance Sheets reflect the intangible assets of the acquired technology at a net carrying amount of $1,559,369, after accumulated amortization. The anticipated future amortization of these intangible assets as of December 31, 2023, is as follows:
Fiscal Year |  | Amount
| 2024 |  |  |  | 127,296 |
| 2025 |  |  |  | 127,296 |
| 2026 |  |  |  | 127,296 |
| 2027 |  |  |  | 127,296 |
| 2028 |  |  |  | 127,296 |
| Thereafter |  |  |  | 922,889 |
| Total |  |  | $ | 1,559,369 |

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- Definition The entire disclosure for asset acquisition. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 50 -Name Accounting Standards Codification -Section 15 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480123/805-50-15-3 + Details
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- References No definition available. + Details
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