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INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 7: INTANGIBLE ASSETS

 

As of December 31, 2021, all intangible assets were held by Rohuma, Mimo and TSP, and were fully impaired due to the disposal as of December 31, 2022. The Company’s intangible assets, which is included in other assets – discontinued operations on the consolidated balance sheets, is as follows:

 

  

December 31,

2022

  

December 31,

2021

 
         
Customer relationships  $-   $448,800 
Intellectual property   -    508,669 
Tradenames   -    218,799 
Software   -    250,095 
Less: accumulated amortization   -    (219,397)
           
Net  $-   $1,206,966 

 

Amortization expense for the years ended December 31, 2022 and 2021 was $76,462 and $64,842, respectively, $43,222 and $31,602, respectively, of which is included in loss from discontinued operations, after taxes on the consolidated statements of operations and comprehensive loss.