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GOODWILL
6 Months Ended
Jun. 30, 2022
GOODWILL  
NOTE 6 - GOODWILL

NOTE 6 — GOODWILL

 

The changes in goodwill is as follows:

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Opening balance

 

$6,140,465

 

 

$1,367,109

 

Additions (1)

 

 

216,988

 

 

 

4,773,356

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$6,357,453

 

 

$6,140,465

 

 

(1) Additions ending December 31, 2021 totaling $4,773,356 are a combination of the CExchange Transaction on June 9, 2021, of $1,282,072, and the Avail Transaction on October 29, 2021, of $3,491,284. The addition ending June 30, 2022 is the additional cash payment concerning the Avail Transaction made on May 31, 2022.