Annual report [Section 13 and 15(d), not S-K Item 405]

Intangible Assets

v3.26.1
Intangible Assets
12 Months Ended
Dec. 31, 2025
Intangible Assets [Abstract]  
Intangible Assets

Note 4. Intangible Assets

 

The Company capitalizes costs associated with software developed for internal use, including payroll for employees directly involved in development and external consulting fees, once the project has reached the application development stage in accordance with ASC 350-40.  Amortization is computed using the straight-line method over an estimated useful life of 3–5 years.

 

During the year ended December 31, 2025, the Company capitalized $20,019 in costs related to new software development.   The Company is still in the development phase and the asset has not yet been put into service. Therefore, no amortization of the asset has occurred as of the date of these consolidated financial statements.