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