Intellectual Property

6 Months Ended

Jun. 30, 2024

NOTE 9 – INTELLECTUAL PROPERTY

A third party independent valuation specialist was asked to determine the value of Global Stem Cell Group, Inc., tangible and intangible assets assuming the offering price was at fair value. In order to perform the purchase price allocation, the tangible and intangible assets were valued as of August 18, 2021.

The Fair Value of the intangible assets as of the Valuation Date is reasonably represented as:

	June 30, 2024			December 31, 2023
Tradename - Trademarks	$	87,700		$	87,700
Intellectual Property / Licenses		363,000			363,000
Customer Base		37,000			37,000
Intangible assets		487,700			487,700
Less: accumulated amortization		(279,926	)		(231,156	)
Total intangible assets, net	$	207,774		$	256,544

Amortization is computed on straight-line method based on estimated useful lives of 5 years. During the six months ended June 30, 2024 and the six months ended June 30, 2023, the Company recorded amortization expense of the intellectual property of $48,770 and $48,770, respectively.

MESO NUMISMATICS, INC. 10-Q