INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2024

INTANGIBLE ASSETS

Schedule of future annual amortization expense for unamortized intangible assets

The Company expects the future annual amortization expense for the unamortized intangible assets to be as follows:

Years ending December 31,
2024 (excluding the six months ended June 30, 2024)	$	11,923
2025		23,845
2026		23,845
2027		23,845
2028		23,845
Thereafter		17,883
Total	$	125,186

Schedule of gross carrying amount and net book value of intangible assets

The gross carrying amount and net book value of the intangible asset is as follows:

	As of
	June 30,		December 31,
	2024		2023
Gross Carrying Amount	$	215,000	$	215,000
Accumulated Amortization		(89,814)		(77,892)
Net Book Value	$	125,186	$	137,108