NOTE 15 – INTANGIBLE ASSETS

Intangible assets, net consists of the following:

SCHEDULE OF INTANGIBLE ASSETS AND GOODWILL

For the year ended December 31, 2025, the Company incurred intangibles impairment losses of $2,044,000 and $11,956,000 pertaining to customer relationships and trade names, respectively, for a total impairment of $14,000,000 for the Soylent segment.

For the year ended December 31, 2024, the Company incurred a net intangibles impairment loss of $13,304 pertaining to domain names for the AOS component of the Starco Brands segment.

Amortization expense as of December 31, 2025 and 2024 was $2,861,749 and $2,819,525, respectively.

As of December 31, 2025, the expected future amortization expense of intangible assets was as follows:

SCHEDULE OF AMORTIZATION EXPENSES OF INTANGIBLE ASSETS