Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Intangible Assets, Net

Note 9 - Intangible Assets, Net
6 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

Note 9. Intangible Assets, net


Intangible assets, net consist of customer contracts purchased as part of the GTC acquisition in 2014.


Amortization of customer contracts is included in depreciation and amortization in the accompanying Condensed Consolidated Statements of Comprehensive Loss. For the six months ended June 30, 2023 and 2022, the Company recognized amortization expense of $12,500 and $12,500, respectively. Future amortization of intangible assets is as follows:


2023 (six months)

  $ 12,500  




  $ 37,500