Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets

Schedule of Intangible assets

	SEPTEMBER 30, 2023
	Gross Carrying		Accumulated			Net Book
	Amount		Amortization			Value
	(Unaudited)
Customer Relationships	$	2,392,000	$	(478,400	)	$	1,913,600
Channel Relationships		2,628,080		(1,649,850	)		978,230
Internally Developed Software		6,929,439		(3,696,876	)		3,232,563
Trade Name and Trademarks		1,330,472		(321,020	)		1,009,452
	$	13,279,991	$	(6,146,146	)	$	7,133,845

	DECEMBER 31, 2022
	Gross Carrying		Accumulated			Net Book
	Amount		Amortization			Value
Customer Relationships	$	2,392,000	$	(299,000	)	$	2,093,000
Channel Relationships		2,628,080		(1,518,446	)		1,109,634
Internally Developed Software		5,665,957		(2,546,407	)		3,119,550
Trade Name and Trademarks		1,330,472		(254,496	)		1,075,976
	$	12,016,509	$	(4,618,349	)	$	7,398,160

Schedule of Estimated annual amortization of Intangible assets

Remainder of 2023	$	566,031
2024		2,123,820
2025		1,450,258
2026		727,570
2027		503,106
Thereafter		1,763,060
Total	$	7,133,845