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Intangible Assets

3 Months Ended

12 Months Ended

Mar. 31, 2024

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Note 6. Intangible Assets

The definite-lived intangible assets, to be amortized over 20 years, balances, and activity for the three months ended March 31, 2024 and year ended December 31, 2023 consisted of the following:

Schedule of Intangible Assets

	03/31/2024							12/31/2023
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Definitive-lived:
Developed technology	$	22,260,000	$	(3,617,000	)	$	18,643,000	$	22,260,000	$	(3,339,000	)	$	18,921,000
Total	$	22,260,000	$	(3,617,000	)	$	18,643,000	$	22,260,000	$	(3,339,000	)	$	18,921,000

Amortization expense for the three months ended March 31, 2024 and 2023 was approximately $278,000 and $278,000, respectively. The following table represents future amortization of developed technologies for the years ending December 31:


2024	$	835,000
2025	$	1,113,000
2026	$	1,113,000
2027	$	1,113,000
2028	$	1,113,000
Thereafter	$	13,356,000

8. Intangible Assets

The definite-lived intangible assets, to be amortized over 20 years, balances, and activity for the year-ended December 31, 2023 and year-ended December 31, 2022 consisted of the following:

Schedule of Intangible Assets

	12/31/2023							12/31/2022
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Definitive-lived:
Developed technology	$	22,260,000	$	(3,339,000	)	$	18,921,000	$	22,260,000	$	(2,226,000	)	$	20,034,000
Total	$	22,260,000	$	(3,339,000	)	$	18,921,000	$	22,260,000	$	(2,226,000	)	$	20,034,000

The following table represents future amortization of developed technologies for the years ending December 31:


2024	$	1,113,000
2025	$	1,113,000
2026	$	1,113,000
2027	$	1,113,000
2028	$	1,113,000
Thereafter	$	13,356,000