Intangible Assets

9 Months Ended

Sep. 30, 2024

Intangible Assets

Intangible Assets

Note 4 – Intangible Assets

Intangible assets consisted of the following:

	September 30, 2024			December 31, 2023
Customer relationships	$	2,420,014		$	2,420,014
Supplier relationship		700,207			700,207
Employee expertise		1,719,807			1,719,807
Software development costs		99,609			99,609
		4,939,637			4,939,637
Accumulated depreciation		(2,851,363	)		(2,851,363	)
Total property and equipment - net	$	2,088,274		$	2,088,274

During the nine months ended September 30, 2024 and 2023, the Company recognized an impairment loss of $0 and $911,467, respectively, on assets acquired as part of the business combination with Gladiator, due to the uncertainty of future operations of that entity.