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INTANGIBLE ASSETS, NET (Tables)
3 Months Ended
Mar. 31, 2022
INTANGIBLE ASSETS, NET [Abstract]  
Intangible Assets
The following tables summarize the Company’s intangible assets as of March 31, 2022 and December 31, 2021:

   
Estimated
Useful Life
(Years)
   
Gross Carrying
Amount at
December 31,
2021
   
Accumulated
Amortization
   
Net Book
Value at
March 31,
2022
 
Customer Relationships
   
5
   
$
5,269,000
   
$
(1,136,278
)
 
$
4,132,722
 
Software Technology
   
2
     
1,170,000
     
(630,590
)
   
539,410
 
Software Technology
   
7
     
4,109,000
     
(632,765
)
   
3,476,235
 
Tradenames and Trademarks
   
8
     
386,000
     
(52,018
)
   
333,982
 
           
$
10,934,000
   
$
(2,451,651
)
 
$
8,482,349
 

   
Estimated
Useful Life
(Years)
   
Gross Carrying
Amount at
March 2,
2021
   
Accumulated
Amortization
   
Net Book
Value at
December 31,
2021
 
Customer Relationships
   
5
   
$
5,269,000
   
$
(872,501
)
 
$
4,396,499
 
Software Technology
   
2
     
1,170,000
     
(484,355
)
   
685,645
 
Software Technology
   
7
     
4,109,000
     
(486,011
)
   
3,622,989
 
Tradenames and Trademarks
   
8
     
386,000
     
(39,949
)
   
346,051
 
           
$
10,934,000
   
$
(1,882,816
)
 
$
9,051,184
 
Estimated Future Amortization Expense
The estimated future amortization expense for the next five years and thereafter is as follows:

Years Ending December 31,
 
Future amortization expense
 
2022 (Remaining)
 
$
1,705,215
 
2023
   
1,789,695
 
2024
   
1,689,050
 
2025
   
1,689,050
 
2026
   
816,549
 
Thereafter
   
792,790
 
Total
 
$
8,482,349