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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2024
Intangible Assets  
Schedule of ESG intellectual property

 

 

Minimum Payments

 

Years from the Trigger Date:

 

For Year Ended

 

Year two

 

$500,000

 

Year three

 

 

750,000

 

Year four

 

 

1,250,000

 

Year five

 

 

1,750,000

 

Year six

 

 

2,250,000

 

Year seven

 

 

2,750,000

 

Year eight

 

 

3,250,000

 

Year nine and after

 

 

3,250,000

 

Schedule of intangible asset

 

 

March 31,

2024

 

 

December 31,

2023

 

ESG Clean Energy License

 

$5,000,000

 

 

$5,000,000

 

Accumulated amortization

 

 

(808,525 )

 

 

(731,563 )

 

 

$4,191,475

 

 

$4,268,437

 

Schedule of other intangibles

 

 

March 31,

2024

 

 

December 31,

2023

 

Simson-Maxwell Brand

 

$2,230,673

 

 

$2,230,673

 

Customer Relationships

 

 

1,677,453

 

 

 

1,677,453

 

Impairment of intangible assets

 

 

(1,121,482 )

 

 

(1,121,482 )

Accumulated amortization

 

 

(411,320 )

 

 

(369,499 )

 

 

$2,375,324

 

 

$2,417,145