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Intangible Assets, Net
12 Months Ended
Dec. 31, 2023
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

NOTE 3 — INTANGIBLE ASSETS, NET

 

Intangibles, net, consists of the following as of December 31:

 

   2023   2022 
Trademark/Names   1,060,000    1,060,000 
Software   5,980,000    5,980,000 
Customer List   2,929,611    2,929,612 
Less accumulated amortization   (4,725,174)   (3,214,300)
Intangibles, net   5,244,437    6,755,312 

 

The estimated future amortization of intangible assets as of December 31, 2023, is as follows:

 

2024   1,510,875 
2025   1,510,875 
2026   711,813 
    3,733,563 

 

The amortization expense totaled $1,510,875 and $1,364,395 for each of the years ended December 31, 2023, and 2022, respectively.