| Schedule of Intangible Assets |
As of September 30, 2026 and December 31, 2025 we had the following amounts related to intangible assets and liabilities other than goodwill:
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September 30, 2026 |
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December 31, 2025 |
| Intangible assets |
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Cost |
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Accumulated Amortization |
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Total |
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Cost |
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Accumulated Amortization |
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Total |
| Product certifications |
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$ |
777,465 |
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$ |
(748,340) |
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$ |
29,125 |
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$ |
777,465 |
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$ |
(732,469) |
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$ |
44,996 |
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| Patents |
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888,864 |
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(750,750) |
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138,114 |
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888,910 |
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(682,370) |
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206,540 |
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| Developed technology |
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240,000 |
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(216,000) |
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24,000 |
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240,000 |
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(204,000) |
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36,000 |
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| Trademarks |
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26,896 |
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— |
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26,896 |
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26,896 |
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— |
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26,896 |
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| In Process R&D |
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263,936 |
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(207,378) |
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56,558 |
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263,936 |
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(179,100) |
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84,836 |
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| Favorable contract asset |
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384,465 |
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(384,465) |
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— |
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384,465 |
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(383,540) |
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925 |
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| Customer contracts |
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2,225,123 |
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(620,407) |
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1,604,716 |
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2,225,123 |
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(478,813) |
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1,746,310 |
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$ |
4,806,749 |
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$ |
(2,927,340) |
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$ |
1,879,409 |
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$ |
4,806,795 |
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$ |
(2,660,292) |
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$ |
2,146,503 |
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| Intangible liability |
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| Unfavorable contract liability |
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$ |
2,341,478 |
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$ |
(2,170,315) |
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$ |
171,163 |
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$ |
2,341,478 |
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$ |
(2,136,143) |
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$ |
205,335 |
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| Schedule of Future Amortization Expense |
Aggregate future amortization over the next five years and thereafter is estimated to be as follows:
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Non-contract Related Intangibles |
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Contract Related Intangibles |
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Total |
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Year 1
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$ |
165,584 |
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$ |
149,433 |
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$ |
315,017 |
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| Year 2 |
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58,732 |
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158,007 |
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216,739 |
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| Year 3 |
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9,979 |
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158,007 |
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167,986 |
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| Year 4 |
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5,650 |
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162,570 |
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168,220 |
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| Year 5 |
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5,650 |
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174,116 |
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179,766 |
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| Thereafter |
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2,198 |
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631,420 |
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633,618 |
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| Total |
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$ |
247,793 |
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1,433,553 |
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$ |
1,681,346 |
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