Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Intangible Assets

Intangible assets and the related accumulated amortization consist of the following at December 31, 2023:

	Amortization Period	Gross Carrying Value		Accumulated Amortization		Net Book Value
Continuing operations:
Patents	16 years	$	70,746	$	46,559	$	24,187
Discontinued operations:
Customer contracts	20 years	$	12,170,000	$	337,313	$	11,832,687
Trade name	7 years		2,220,000		132,143		2,087,857
Intellectual property	7 years		8,870,000		527,976		8,342,024
		$	23,260,000	$	997,432	$	22,262,568

Summary of Amortization Expense Related to Intangible Assets

Amortization expense related to the Company’s intangible assets for future years is as follows:

	Continuing Operations		Discontinued Operations
2024	$	4,528	$	2,648,741
2025		4,516		2,679,576
2026		4,516		2,715,903
2027		4,090		2,690,449
2028		2,451		2,622,896
Thereafter		4,086		8,905,003
	$	24,187	$	22,262,568