| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| Domain Assets | 2024-01-01 | 127,216 | 0 | 15 | 8,481 | 0 | 0 | 8,481 |
| Trademark | 2024-01-01 | 6,000 | 0 | 15 | 400 | 0 | 0 | 400 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE | 2019-12-16 | 3,091 | 2,315 | M | 7 | 270 | 0 | 0 | |
| Computer | 2024-01-01 | 25,872 | 0 | SL | 5 | 2,587 | 0 | 0 | |
| OFFICE FURNITURE | 2024-01-01 | 7,526 | 0 | M | 7 | 1,075 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furnitures | 3,091 | 270 | 2,821 | 0 |
| Furnitures | 7,526 | 1,075 | 6,451 | 0 |
| Computer | 25,872 | 2,587 | 23,285 | 0 |
| Domain Assets | 127,216 | 8,481 | 118,735 | 0 |
| Trademark | 6,000 | 400 | 5,600 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 138,478 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LICENSE | 2,158 | 0 | 0 | 0 |
| SPONSORSHIP | 59,703 | 0 | 0 | 0 |
| OFFICE EXPENSES | 26,939 | 0 | 0 | 0 |
| INFORMATION TECHNOLOGY | 1,005,013 | 0 | 0 | 0 |
| ALL OTHER EXPENSES | 0 | 0 | 0 | 0 |
| PAYMENT AFFILIATES | 0 | 0 | 0 | 0 |
| COMMUNITY | 67,376 | 0 | 0 | 0 |
| Advertising | 22,917 | 0 | 0 | 0 |
| Postage | 1,338 | 0 | 0 | 0 |
| Supplies | 0 | 0 | 0 | 0 |
| Payroll Expenses | 850 | 0 | 0 | 0 |
| Travel | 52,237 | 0 | 0 | 0 |
| Contractors | 184,881 | 0 | 0 | 0 |
| Dues & Subscription | 3,951 | 0 | 0 | 0 |
| Employee benefits | 994 | 0 | 0 | 0 |
| Meals and Entertainment | 1,564 | 0 | 0 | 0 |
| Operating Expenses | 9,115 | 0 | 0 | 0 |
| other Business expenses | 752 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 64,044 | 20,862 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 104,622 | 0 | 0 | 0 |