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Intangible Assets and Goodwill
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
Intangible Assets
At both June 30, 2025 and December 31, 2024, the Company had recorded a gross intangible asset balance of $2,240,594, which is related to patent and intangible property rights acquired. Amortization expense of intangible assets was $34,860 for each of the three months ended June 30, 2025 and 2024. Amortization expense of intangible assets was $69,720 for each of the six months ended June 30, 2025 and 2024. Accumulated amortization totaled $1,100,165 and $1,028,790 at June 30, 2025 and December 31, 2024, respectively.

The net amount of intangible assets of $1,142,047 at June 30, 2025, will be amortized over the weighted average remaining life of 9.38 years.
Total estimated future amortization expense is as follows:
2025 (remaining six months)$76,342 
2026147,706 
2027142,706 
2028142,706 
2029142,706 
Thereafter489,881 
$1,142,047 

Goodwill
The following table summarizes the Company’s goodwill balance:

June 30, 2025December 31, 2024
Beginning Balance$— $— 
   Additions - Fermata acquisition703,957 — 
Total$703,957 $—