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INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2023
GOODWILL  
Schedule Of Intangible Assets

 

 

March 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Consumer

 

 

 

 

 

 

Domain names

 

$41,352

 

 

$41,352

 

Point of sale system

 

 

330,000

 

 

 

330,000

 

 

 

 

371,352

 

 

 

371,352

 

Less: accumulated amortization

 

 

(352,002)

 

 

(335,502)

 

 

 

 

 

 

 

 

 

Subtotal

 

 

19,350

 

 

 

35,850

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

 

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

 

Trademarks/Tradenames (3)

 

 

1,272,000

 

 

 

1,272,000

 

Customer Relationships (3)

 

 

1,464,000

 

 

 

1,464,000

 

 

 

 

6,551,000

 

 

 

6,551,000

 

Less: accumulated amortization

 

 

(1,757,080)

 

 

(1,593,305)

 

 

 

 

 

 

 

 

 

Subtotal

 

 

4,793,920

 

 

 

4,957,695

 

 

 

 

 

 

 

 

 

 

 

 

$4,813,270

 

 

$4,993,545

 

Schedule Of Estimated Amortization Expense

 

 

Consumer

 

 

Commercial

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

2023 (excluding the three months ending March 31, 2023)

 

 

13,850

 

 

 

491,325

 

 

 

505,175

 

2024

 

 

5,500

 

 

 

655,100

 

 

 

660,600

 

2025

 

 

-

 

 

 

655,100

 

 

 

655,100

 

2026

 

 

-

 

 

 

655,100

 

 

 

655,100

 

2027

 

 

-

 

 

 

655,100

 

 

 

655,100

 

Thereafter

 

 

-

 

 

 

1,682,195

 

 

 

1,682,195

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$19,350

 

 

$4,793,920

 

 

$4,813,270