INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2022

GOODWILL

NOTE 8 - INTANGIBLE ASSETS

NOTE 8 — INTANGIBLE ASSETS

 Intangible assets consist of the following:

	June 30,			December 31,
	2022			2021
DGSE
Domain names	$	41,352		$	41,352
Point of sale system		330,000			330,000
		371,352			371,352
Less: accumulated amortization		(302,502	)		(269,502	)
Subtotal		68,850			101,850
ECHG
Trademarks (1)		1,483,000			1,483,000
Customer Contracts (1)		1,873,000			1,873,000
Trademarks/Tradenames (2)		114,000			114,000
Customer Relationships (2)		345,000			345,000
		3,815,000			3,815,000
Less: accumulated amortization		(1,083,355	)		(892,605	)
Subtotal		2,731,645			2,922,395
	$	2,800,495		$	3,024,245

(1) Intangibles relate to the Echo Transaction on May 20, 2019.

(2) Intangibles relate to the CExchange Transaction on June 9, 2021.

The following table outlines the estimated future amortization expense related to intangible assets held as of June 30, 2022:

	DGSE		ECHG		Total
2022 (excluding the six months ending June 30, 2022)		33,000		190,750		223,750
2023		30,350		381,500		411,850
2024		5,500		381,500		387,000
2025		-		381,500		381,500
2026		-		381,500		381,500
Thereafter		-		1,014,895		1,014,895
	$	68,850	$	2,731,645	$	2,800,495