Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets

Schedule of goodwill

	JUNE 30,
	2022
Balances, January 1	$	22,088,578
Impairment charge		(16,277,000	)
Balances, June 30	$	5,811,578

Schedule of Intangible assets

	JUNE 30, 2022
	Gross Carrying		Accumulated			Net Book
	Amount		Amortization			Value
	(Unaudited)
Customer Relationships	$	2,392,000	$	(184,950	)	$	2,207,050
Channel Relationships		2,628,080		(1,430,844	)		1,197,236
Internally Developed Software		3,767,380		(1,931,239	)		1,836,141
Trade Name and Trademarks		1,330,472		(210,647	)		1,119,825
	$	10,117,932	$	(3,757,680	)	$	6,360,252

	DECEMBER 31, 2021
	Gross Carrying		Accumulated			Net Book
	Amount		Amortization			Value
Customer Relationships	$	2,392,000	$	(61,650	)	$	2,330,350
Channel Relationships		2,628,080		(1,343,241	)		1,284,839
Internally Developed Software		3,082,705		(1,633,516	)		1,449,189
Trade Name and Trademarks		1,330,472		(165,964	)		1,164,508
	$	9,433,257	$	(3,204,371	)	$	6,228,886

Schedule of Estimated annual amortization of Intangible assets

Remainder of 2022	$	664,399
2023		1,293,569
2024		1,065,112
2025		602,153
2026		511,170
Thereafter		2,223,849
Total	$	6,360,252