NOTE 8 – INTANGIBLE ASSETS

The Company's intangible assets consisted of the following at September 30, 2025 and December 31, 2024:

Patents

On October 12, 2018 the Company's majority owned subsidiary, BioCorRx Pharmaceuticals Inc. acquired six patent families for sustained delivery platforms for the local delivery of biologic and small molecule drugs for an aggregate purchase price of $15,200. Amortization is computed on straight-line method based on estimated useful lives of 13 years. During the three months ended September 30, 2025 and 2024, the Company recorded amortization expense of $295. During the nine months ended September 30, 2025 and 2024, the Company recorded amortization expense of $884. As of September 30, 2025, the accumulated amortization of these patents was $8,236.

The future amortization of the patents are as follows:

Trademark

The fair value of trademark acquired in the business combination on March 4, 2025 was $452,000. Trademark is not amortized, but is tested for impairment annually or whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. No impairment was recognized for the three and nine months ended September 30, 2025.

Customer base

The fair value of customer base acquired in the business combination on March 4, 2025 was $2,709,500. Amortization is computed on straight-line method based on estimated useful lives of 10 years. During the three months ended September 30, 2025, the Company recorded amortization expense of $68,294. During the nine months ended September 30, 2025, the Company recorded amortization expense of $156,631. As of September 30, 2025, the accumulated amortization was $156,631.

The future amortization of the customer base are as follows: