INTANGIBLE ASSETS

12 Months Ended

Jan. 31, 2026

NOTE – 4 INTANGIBLE ASSETS

Intangible assets

Intangible assets are comprised of customer relationships and brands acquired in a business combination specifically related to the Company’s Tendercard division (see Note 2) and also comprised of development costs for its proprietary payment processing “DEB Platform” through the Company’s wholly owned subsidiary, Deb, Inc. The Company amortizes intangible assets with a definitive life over their respective useful lives of 3-5 years. Assets with indefinite lives are tested for impairment on an annual basis, or more frequently if the Company believes indicators of impairment exist. The Company did not note any impairment at January 31, 2026 and January 31, 2025, respectively.

On December 21, 2021 the Company entered into a contract to develop its proprietary payment processing DEB Platform, testing was completed in 2025 and the Company Deb is currently working with Blox (blox.global) and Viacarte (viacarte.com) under its strategic partnership to integrate their platforms allowing Deb to add technology that allows Deb to offer payments worldwide B2B, B2C, C2B and Peer to Peer. The platform is depreciated over 3-5 years.

Intangible assets

	January 31,			January 31,
	2026			2025
Definite-lived intangible assets
Technology: DEB Platform	$	239,435		$	239,435
Technology: Tendercard Program		3,200			3,200
Customer Lists		9,900			9,900
Website		5,200			5,200
Trade Name		2,800			2,800
Total		260,535			260,535
Less: accumulated amortization		(250,808	)		(220,571	)
Definite-lived intangible assets, net	$	9,727		$	39,964

The following is the future estimated amortization expense related to intangible assets as of January 31, 2026:

Year ending January 31,
2027 -	$	8,458
2028 -		1,269
Total -	$	9,727

Kindcard, Inc. 10-K