Goodwill and Intangible Assets, Net

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets, Net

Note 12. Goodwill and Intangible Assets, Net

The following table sets forth the changes in the carrying amount of the Company’ Goodwill for the years ended December 31, 2024 and 2023:

	2024		2023
Balance, January 1	$	249,986	$	249,986
Balance, December 31	$	249,986	$	249,986

The following table sets forth the components of the Company’s intangible assets at December 31, 2024:

	Amortization Period (Years)		Cost		Accumulated Amortization			Net Book Value
Intangible Assets Subject to amortization
Trademarks		15	$	121,000	$	(26,845	)	$	94,155
Customer Relationships		10		600,000		(200,000	)		400,000
Non-Compete Agreements		5		22,000		(14,666	)		7,334
Total			$	743,000	$	(241,511	)	$	501,489

The aggregate amortization remaining on the intangible assets as of December 31, 2024 is a follows:

	Intangible Amortization
2025	$	72,466
2026		71,366
2027		68,067
2028		68,067
Thereafter	$	221,522
Total	$	501,488