XML 32 R21.htm IDEA: XBRL DOCUMENT v3.24.1
NOTE A - SUMMARY OF ACCOUNTING POLICIES AND NATURE OF OPERATIONS: Long-Lived Assets (Policies)
12 Months Ended
Dec. 31, 2023
Policies  
Long-Lived Assets

Long-Lived Assets

 

All long-lived assets held and used by us, including intangible assets, are reviewed to determine whether any events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. In accordance with ASC 360-10-35 “Impairment or Disposal of Long-lived Assets”, we base our evaluation on such impairment indicators as the nature of the assets, the future economic benefit of the assets, any historical or future profitability measurements, as well as other external market conditions or factors that may be present. If such impairment indicators are present or other factors exist that indicate that the carrying amount of the asset may not be recoverable, we determine whether impairment has occurred through the use of an undiscounted cash flows

analysis of the asset. If impairment has occurred, we recognize a loss for the difference between the carrying amount and the estimated value of the asset. No intangible assets were purchased in 2023 or 2022. We incurred no impairment expense in 2023 or 2022. We incurred no amortization expense of intangible assets for the years ended December 31, 2023 and 2022, respectively.