Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Goodwill and intangible assets were comprised of the following as of March 31, 2021 and December 31, 2020:

Name	Estimated Life	Balance at December 31, 2020		Additions		Amortization			Impairment		Balance at March 31, 2021
Intellectual property/technology	5-7 Years	$	231,146	$	1,059,445	$	(46,895	)	$	—	$	1,243,696
Customer relationships	5-10 Years		38,400		1,455,852		(27,864	)		—		1,466,388
Tradenames and trademarks	5-10 Years		31,040		617,844		(13,207	)		—		635,677
Non-compete agreement	4 Years		67,042		—		(10,056	)		—		56,986
Platform development costs	5 Years		72,899		205,780		(13,934	)		—		264,745
Total Intangible Assets		$	440,527		3,338,921		(111,956	)			$	3,667,492
Goodwill			3,108,000		19,008,591		—			—		22,116,591
Total		$	3,548,527	$	22,347512	$	(111,956	)	$	—	$	25,784,083

Future amortization

Future amortization is as follows for fiscal years ending:

	2021		2022		2023		2024		2025 and Thereafter
Intellectual property/technology	$	178,522	$	238,029	$	209,135	$	151,349	$	466,661
Customer relationships		119,989		159,985		155,185		145,585		885,644
Tradenames and trademarks		55,068		73,424		69,544		61,784		375,857
Non-compete agreement		30,169		26,817		—		—		—
Platform development costs		41,801		55,736		55,736		55,736		55,736
Total	$	425,549	$	553,991	$	489,600	$	414,454	$	1,783,898