INTANGIBLE ASSET	3 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSET	NOTE 7 – INTANGIBLE ASSET The Company accounts for its intangible assets in accordance with ASC 350-40, “Internal-Use Computer Software - Computer Software Developed or Obtained for Internal Use,” and ASC 360-10, “Accounting for the Impairment or Disposal of Long-Lived Assets.” ASC 350-40 requires assets to be carried at the cost of developing the asset and requires that an intangible asset be amortized over its useful life and that the useful life be assessed at each reporting period to determine whether events or circumstances require a revision of the remaining useful life. If the useful life estimate changes, the remaining carrying amount of the intangible asset is amortized prospectively over the revised remaining useful life. The company capitalized $28,800 on website development costs, amortized over five years at $5,760 annually. Subsequently, an additional $41,600 was invested in website development, also amortized over five years at $8,320 per year. Website development commenced on August 29, 2023. In September 2024, the company embarked on the development of an AI Social Media Content Generator API, with a contracted budget of $133,750. Initial development costs in September 2024 amounted to $47,300. These costs are subject to amortization over a five-year period. During the three-month period ending December 31, 2024, an additional $26,300 was incurred for API development, also subject to five-year amortization. As of December 31, 2024, the accumulated costs for website development totaled $70,400, and the AI Social Media Content Generator API development costs reached $73,600. Consequently, the total intangible assets as of December 31, 2024, amounted to $144,000.

INTANGIBLE ASSET

3 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 7 – INTANGIBLE ASSET

The Company accounts for its intangible assets in accordance with ASC 350-40, “Internal-Use Computer Software - Computer Software Developed or Obtained for Internal Use,” and ASC 360-10, “Accounting for the Impairment or Disposal of Long-Lived Assets.” ASC 350-40 requires assets to be carried at the cost of developing the asset and requires that an intangible asset be amortized over its useful life and that the useful life be assessed at each reporting period to determine whether events or circumstances require a revision of the remaining useful life. If the useful life estimate changes, the remaining carrying amount of the intangible asset is amortized prospectively over the revised remaining useful life.

The company capitalized $28,800 on website development costs, amortized over five years at $5,760 annually. Subsequently, an additional $41,600 was invested in website development, also amortized over five years at $8,320 per year. Website development commenced on August 29, 2023.

In September 2024, the company embarked on the development of an AI Social Media Content Generator API, with a contracted budget of $133,750. Initial development costs in September 2024 amounted to $47,300. These costs are subject to amortization over a five-year period.

During the three-month period ending December 31, 2024, an additional $26,300 was incurred for API development, also subject to five-year amortization.

As of December 31, 2024, the accumulated costs for website development totaled $70,400, and the AI Social Media Content Generator API development costs reached $73,600. Consequently, the total intangible assets as of December 31, 2024, amounted to $144,000.

StageWise Strategies Corp. 10-Q