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INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2023
INTANGIBLE ASSETS  
INTANGIBLE ASSETS

NOTE 7 – INTANGIBLE ASSETS

 

Intangible assets, net, consisted of the following:

 

 

 

December 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Distribution software

 

$34,961

 

 

$35,784

 

Experience center software

 

 

39,974

 

 

 

41,017

 

Patents acquired from related party

 

 

11,188

 

 

 

11,569

 

Total intangible assets

 

 

86,123

 

 

 

88,370

 

Less: Accumulated amortization

 

 

(31,715)

 

 

(20,691)

Intangible assets, net

 

$54,408

 

 

$67,679

 

 

For the year ended December 31, 2023 and 2022, amortization of intangible assets expense was $11,700 and $9,439, respectively.

 

At December 31, 2023, the expected future amortization of intangible assets expense was:

 

Year ending December 31, 2024

 

$15,546

 

Year ending December 31, 2025

 

 

15,546

 

Year ending December 31, 2026

 

 

11,935

 

Thereafter

 

 

13,657

 

Total

 

$54,408