Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS

INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 5 – INTANGIBLE ASSETS

SCHEDULE OF INTANGIBLE ASSETS

	September 30, 2024 (unaudited)
	Gross carrying amount		Accumulated amortization			Net carrying value

Customer list	$	42,500	$	(42,500	)	$	-
Technology		684,000		(668,600	)		15,400
Trade name		54,900		(54,900	)		-
	$	781,400	$	(766,000	)	$	15,400

	December 31, 2023*
	Gross carrying amount		Accumulated amortization			Net carrying value

Customer list	$	42,500	$	(42,500	)	$	-
Technology		684,000		(666,100	)		17,900
Trade name		54,900		(54,900	)		-
	$	781,400	$	(763,500	)	$	17,900

The estimated useful lives of the intangible assets range from seven to twenty years. Amortization expense was $900 and $700 for the three months ended September 30, 2024, and 2023, respectively. Amortization expense was $2,500 and $2,100 for the nine months ended September 30, 2024, and 2023, respectively.