INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2025

INTANGIBLE ASSETS [Abstract]

INTANGIBLE ASSETS

Note 8

INTANGIBLE ASSETS

As of September 30, 2025, intangible assets were comprised of the following:

	Estimated Useful Life (Years)		Gross Carrying Amount at September 30, 2025		Accumulated Amortization		Net Book Value at September 30, 2025
Customer relationships	6	$	1,011,000	$	154,458	$	856,542
Tradenames and trademarks	9		215,000		21,898		193,102
		$	1,226,000	$	176,356	$	1,049,644

As of December 31, 2024, intangible assets were comprised of the following:

	Estimated Useful Life (Years)		Gross Carrying Amount at December 31, 2024		Accumulated Amortization		Net Book Value at December 31, 2024
Customer relationships	6	$	1,011,000	$	27,984	$	983,016
Tradenames and trademarks	9		215,000		5,972		209,028
		$	1,226,000	$	33,956	$	1,192,044

Amortization expense for the three and nine months ended September 30, 2025 and 2024 was $48,097 and $142,400 and $0 and $0, respectively.

The estimated future amortization expense for the next five years and thereafter is as follows:

Years ending December 31,		Future Amortization Expense
2025 (Remaining)	$	48,097
2026		192,389
2027		192,389
2028		192,389
2029		192,389
Thereafter		231,991
Total	$	1,049,644

The weighted average remaining amortization period for the Company’s intangible assets as of September 30, 2025 and December 31, 2024 was 5.64 and 6.36 years.