Intangible Assets

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

(5) Intangible Assets

Intangible assets consisted of the following:

Description	March 31, 2021			December 31, 2020
Indefinite lived intangible assets:
Goodwill	$	109,983		$	109,983
Total indefinite lived intangible assets	$	109,983		$	109,983
Finite lived intangible assets consisted of the following:
Other intangible assets:
Trademarks	$	103,258		$	103,258
Software		504,314			504,314
Customer list		855,073			855,073
Non-compete		858			858
Total other intangible assets	$	1,463,503		$	1,463,503
Accumulated amortization		(562,929	)		(472,944	)
Total other intangible assets, net	$	900,574		$	990,559

Amortization expense on intangible assets totaled $89,985 and $67,190 for the three months ended March 31, 2021 and 2020, respectively.

Future amortization schedule for intangible assets is as follows:

2021 (April-December)	$	269,952
2022		359,936
2023		270,686
Total	$	900,574

(5) Intangible Assets

Intangible assets consisted of the following:

Description	December 31, 2020			December 31, 2019
Indefinite lived intangible assets:
Goodwill	$	109,983		$	108,707
Total indefinite lived intangible assets	$	109,983		$	108,707
Finite lived intangible assets consisted of the following:
Other intangible assets:
Trademarks	$	103,258		$	52,699
Software		504,314			252,423
Customer list		855,073			459,657
Non-compete		858			-
Total other intangible assets	$	1,463,503		$	764,779
Accumulated amortization		(472,944	)		(135,803	)
Total other intangible assets, net	$	990,559		$	628,976

Amortization expense on intangible assets totaled $337,141 and $135,803 for the year ended December 31, 2020 and the period from March 28, 2019 (date of inception) through December 31, 2019, respectively. See also note 13.

Future amortization schedule for intangible assets is as follows:

2021	$	360,445
2022		360,445
2023		269,669
Total	$	990,559