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Intangible assets
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets

Note 5: Intangible assets

 

The following table represents the balances of intangible assets as of March 31, 2025 and December 31, 2024;

 

   March 31,
2025
   December 31,
2024
 
Website Domains  $155,000   $155,000 
           
Total Intangible assets   155,000    155,000 
           
Accumulated Amortization – website domains   (12,916)   (3,229)
Net intangible assets  $142,084   $151,771 

On December 6, 2024, the Company closed on its acquisition of the AgingTopic Business and allocated the entire $155,000 purchase price to domain name assets with an estimated life of 4 years.

 

The following is an amortization analysis of the annual amortization of intangible assets on a fiscal year basis as of March 31, 2025:

 

For the year ended December 31,  Amount 
2025 (9 months remaining)  $29,063 
2026   38,750 
2027   38,750 
2028   35,521 
2029 and Thereafter   - 
Total remaining intangibles amortization   142,084