INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

Intangible Assets with definite useful life consist of licenses, customer lists and software that were acquired through acquisitions: 

	March 31, 2023			December 31, 2022
Customer List	$	1,135,962		$	1,135,962
Software		2,407,001			2,407,001
ETC License		634,251			634,251
Less: Amortization		(3,542,963	)		(3,542,963	)
Intangible Assets, net	$	634,251		$	634,251

Amortization expense amounted to $0, and $0 for the three months ended March 31, 2023, and 2022, respectively. Amortization expense is included as a component of operating expenses in the accompanying statements of operations. With the exception of the license granted by the FCC, all intangible assets are fully amortized as of March 31, 2023.

Intangible Assets with indefinite useful life consist of the Lifeline license granted by the FCC. The license, because of the nature of the asset and the limitation on the number of granted Lifeline licenses by the FCC, will not be amortized. The license was acquired through an acquisition. The fair market value of the license as of March 31, 2023, and December 31, 2022, was $634,251.