XML 254 R44.htm IDEA: XBRL DOCUMENT v3.25.4
Intangible Assets, Net
12 Months Ended
Dec. 31, 2024
Intangible Assets, Net  
Intangible Assets, Net

6. Intangible Assets, Net

Intangible assets at December 31, 2024 and 2023 consists of the following:

​

​

​

​

​

​

​

​

​

​

​

​

Useful life

​

December 31,

​

  ​ ​ ​

​

  ​ ​ ​

2024

  ​ ​ ​

2023

Intellectual property rights

 

20 years

 

$

21,718

 

$

23,628

Patents and trademarks

 

20 years

​

​

865,682

​

​

884,720

Total

​

​

​

​

887,400

​

​

908,348

Less: Accumulated amortization

​

​

​

​

(270,428)

​

​

(242,240)

Total

​

​

 

$

616,972

 

$

666,108

​

Amortization expense relating to the intangible assets for the years ended December 31, 2024 and 2023 was approximately $50,176 and $35,478, respectively.

Estimated future amortization of intangibles is as follows:

​

​

​

​

​

Year ending December 31,

  ​ ​ ​

Amount

2025

 

$

70,488

2026

​

​

70,488

2027

​

​

70,488

2028

​

​

70,488

2029

​

​

70,488

Thereafter

​

​

264,532

​

 

$

616,972

​