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Note 6 - Intangible Assets and Property and Equipment
3 Months Ended
Mar. 31, 2023
Notes to Financial Statements  
Intangible Assets and Property and Equipment [Text Block]

NOTE 6. INTANGIBLE ASSETS

 

The Company’s intangible assets as of March 31, 2023 and December 31, 2022 are included below.

 

  

March 31, 2023

  

December 31, 2022

 
         

Customer relationships

 $1,000,000  $1,000,000 

Domain names

  175,000   175,000 

Trade names

  80,000   80,000 
   1,255,000   1,255,000 

Less: accumulated amortization

  (51,789)  (31,074)

Intangible assets, net

 $1,203,211  $1,223,926 

 

Amortization expenses on intangible assets during the three-month period ended March 31, 2023 totaled $20,715. There was no comparable amortization expense reported for the three-month period ended March 31, 2022.