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NOTE 2 — Intangible Assets | 12 Months Ended
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Dec. 31, 2024
Statement of Financial Position [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, 2024, our Balance Sheets reflect the intangible assets of the acquired technology at a net carrying amount of $1,432,073, after accumulated amortization. The anticipated future amortization of these intangible assets as of December 31, 2024, is as follows:
Fiscal Year |  | Amount
2025 |  |  |  | 127,296
2026 |  |  |  | 127,296
2027 |  |  |  | 127,296
2028 |  |  |  | 127,296
2029 |  |  |  | 127,296
Thereafter |  |  |  | 795,593
|  |  | $ | 1,432,073

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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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