Intangible Assets and Goodwill (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consisted of the following as of March 31, 2023 and December 31, 2022:

		March 31, 2023		December 31, 2022
Customer relationships	4.5– 15 years	$	11,961,000	$	9,535,000
Tradename	4.5 years	783,000		266,000
Trademark	10-15 years	533,864		533,864
Backlog	2-5 years	3,210,000		1,436,000
Non-compete agreement	3-5 years	684,000		684,000
		17,171,864		12,454,864
Accumulated amortization		(6,311,329)		(5,820,697)
Intangible assets, net		$	10,860,535	$	6,634,167

Schedule of Future Amortization of Intangible Assets

Future amortization of the intangible assets for the next five years as of March 31 are as follows:

2023	$	1,889,671
2024	2,074,686
2025	1,453,000
2026	1,242,863
2027	1,034,302
Thereafter	3,166,013
Total	$	10,860,535

Schedule of Goodwill

The activity of goodwill for the three months ended March 31, 2023 and year ended December 31, 2022, is as follows:

	Corvus	SSI	MFSI	Total
December 31, 2022	6,387,741	8,461,150	685,073	15,533,964
Goodwill acquired through acquisitions	—	1,822,466	—	1,822,466
March 31, 2023	6,387,741	10,283,616	685,073	17,356,430