XML 24 R13.htm IDEA: XBRL DOCUMENT v3.24.3
Intangible Assets
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 5 – Intangible Assets

 

Intangible assets, net consisted of the following:

 Schedule of intangible assets        
   September 30,
2024
   December 31,
2023
 
Balance at beginning of the year  $1,444,259    776,856 
Purchase of additional intangible assets (licenses)   1,594,373    710,372 
Total   3,038,632    1,487,228 
Less accumulated amortization   (95,948)   (42,969)
Finite-lived intangible assets, net  $2,942,684   $1,444,259 

 

As of September 30, 2024, the estimated amortization amounts of the Company’s intangible assets for each of the next five years are as follows: 

 Schedule of estimated amortization expense     
 2025   $105,462 
 2026    105,462 
 2027    105,462 
 2028    71,032 
 2029    19,621