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Intangible assets
12 Months Ended
Dec. 31, 2023
Intangible assets  
Intangible assets

4. Intangible assets

 

Intangible assets consisted of the following at December 31, 2023 and 2022:

 

 

 

December 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Software development costs

 

$39,308

 

 

$-

 

 

 

 

39,308

 

 

 

-

 

Less: Accumulated amortization

 

 

-

 

 

 

-

 

Intangible assets - net

 

$39,308

 

 

$-

 

 

The Company has incurred costs for software development. The software reached technological feasibility on May 23, 2023. As such the Company capitalized $39,308 in software development costs for the year ended December 31, 2023. The Company will begin amortizing the asset once it reaches the stage of intended-use.