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Intangible Assets
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 4 – Intangible Assets

 

Intangible assets consisted of the following:

Schedule of intangible assets     
Year Ended December 31,  2024 
Balance as of December 31, 2023  $1,444,259 
License fees additions   1,651,617 
Balance at December 31, 2024   3,095,876 
Less: accumulated amortization   (76,159)
Intangible assets, net at December 31, 2024  $3,019,717 
      
Year Ended December 31,   2025 
Balance as of December 31, 2024  $3,019,717 
License fees additions   774,355 
Balance at December 31, 2025   3,794,072 
Less: impairment*   (1,748,247)
Less accumulated amortization   (156,455)
Intangible assets, net at December 31, 2025  $1,889,370 

* The impairment was a result of the determination by the Company that certain product licenses could not be commercialized

 

The amortization amounts of intangible assets for 2025 and 2024 were $37,758 and $77,009, respectively.

 

As of December 31, 2025, the estimated amortization expense of the Company’s intangible assets for each of the next five years is as follows:

     
2026   $ 212,414  
2027     212,414  
2028     212,414  
2029     212,414  
2030     58,093