Galaxy Gaming, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

OTHER INTANGIBLE ASSETS

OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

OTHER INTANGIBLE ASSETS

NOTE 6. OTHER INTANGIBLE ASSETS

Other intangible assets, net consisted of the following:


	December 31,			December 31,
	2025			2024
Patents	$	13,507,338		$	13,507,338
Customer relationships		14,040,856			14,040,856
Trademarks		2,880,967			2,880,967
Intellectual property		2,029,071			2,000,000
Non-compete agreements		660,000			660,000
Software		3,101,464			2,137,847
Other intangible assets, gross		36,219,696			35,227,008
Less: accumulated amortization		(25,993,913	)		(23,783,255	)
Other intangible assets, net	$	10,225,783		$	11,443,753

For the years ended December 31, 2025 and 2024, amortization expense related to other intangible assets was $2,210,658, and $2,017,483, respectively. As of December 31, 2025 and 2024, $1,127,382 and $153,724 of other intangible assets have not been placed into service and remain unamortized at the end of each respective period.

Estimated future amortization expense is as follows:


Years Ended December 31,	Total
2026	$	2,070,266
2027		1,803,752
2028		1,601,206
2029		1,179,543
2030		412,546
Thereafter		3,158,470
Total	$	10,225,783