Long-Lived Assets and Goodwill (Tables)

3 Months Ended

Mar. 31, 2021

Long Lived Assets And Goodwill [Abstract]

Schedule of changes in carrying amount of goodwill

(Amounts in US$’s)	Total
Balance at December 31, 2020	$	64,898,222
2021 Acquisitions		22,641,774
Balance at March 31, 2021	$	87,539,996

Schedule of gross carrying amounts and accumulated amortization

(Amounts in US$’s)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Definite-lived intangible assets:
Trade names	$	5,973,204	$	(1,349,698	)	$	4,623,506
Licenses		350,000		(33,871	)		316,129
Technology		39,350,000		(10,303,516	)		29,046,484
Customer relationships		21,200,792		(5,484,917	)		15,715,875
Intellectual property		3,729,537		(673,389	)		3,056,148
Noncompete		937,249		(507,677	)		429,572
Total definite-lived intangible assets at December 31, 2020	$	71,540,782	$	(18,353,068	)	$	53,187,714
Trade names	$	5,973,204	$	(1,563,569	)	$	4,409,635
Licenses		350,000		(51,371	)		298,629
Technology		39,350,000		(11,942,848	)		27,407,152
Customer relationships		21,200,792		(6,543,392	)		14,657,400
Intellectual property		7,231,281		(907,856	)		6,323,425
Noncompete		937,249		(624,833	)		312,416
Capitalized software		1,771,040		(12,005	)		1,759,035
Total definite-lived intangible assets at March 31, 2021	$	76,813,566	$	(21,645,874	)	$	55,167,692

Schedule of intangible asset

Asset Class	Weighted- Average Amortization period
Trade names		6.8 years
Licenses		5.0 years
Technology		6.0 years
Customer relationships		5.7 years
Intellectual property		6.7 years
Noncompete		2.0 years
Capitalized software		4.8 years
All Intangible assets		6.0 years

Schedule of amortization expense for intangible assets

(Amounts in US$’s)	Estimated
Remainder of 2021	$	9,728,681
2022		12,846,684
2023		12,762,335
2024		10,651,778
2025		5,290,510
2026		2,396,458
Thereafter		1,491,246