INTANGIBLE ASSETS

9 Months Ended

Jul. 31, 2025

NOTE 5 – INTANGIBLE ASSETS

The following table sets forth the carrying amounts of intangible assets and goodwill including accumulated amortization as of July 31, 2025:

	Remaining Useful Life	Cost		Accumulated Amortization and Impairment			Net Carrying Value
Trademarks and tradenames	11 years	$	693,330	$	(544,782	)	$	148,548
Patents, know-how and unpatented technology	11 years		710,060		(523,381	)		186,679
Customer relationships	0 years		114,536		(114,536	)		-
Total			1,517,926		(1,182,699	)		335,227

Remaining

Useful Life

Cost

Impairment

Net Carrying

Value

Goodwill

Indefinite

4,523,040

(1,351,459

)

3,171,581

The following table sets forth the carrying amounts of intangible assets and goodwill including accumulated amortization as of October 31, 2024:

	Remaining Useful Life	Cost		Accumulated Amortization and Impairment			Net Carrying Value
Trademarks and tradenames	11.75 years	$	693,330	$	(534,654	)	$	158,676
Patents, know-how and unpatented technology	11.75 years		710,060		(510,652	)		199,408
Customer relationships	0 years		114,536		(114,536	)		-
Total			1,517,926		(1,159,842	)		358,084

Vitro Biopharma, Inc. 10-Q