XML 29 R12.htm IDEA: XBRL DOCUMENT v3.24.3
INTANGIBLE ASSETS
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 4 –INTANGIBLE ASSETS

 

As of September 30, 2024 and December 31, 2023, the Company has the following amounts related to amortizable intangible assets:

 

   September 30,   December 31,   Amortizable
   2024   2023   Life
Amortizable Intangible Assets:             
ResumeBuild brand  $4,500,000   $4,500,000   5 years
Customer relationship asset   1,006,840    1,006,840   3 years
Cleared trade name   133,339    133,339   5 years
Cleared developed technology   12,920    12,920   1 year
Purchased licenses   200,000    200,000   10 years
Website domain names   175,397    171,599   3 years
Less: accumulated amortization   (3,753,271)   (3,015,435)   
Total intangible assets, net  $2,275,225   $3,009,263    

 

The aggregate amortization expense of the Company’s intangible assets for both the three months ended September 30, 2024 and 2023 was $246 thousand. The aggregate amortization expense of the Company’s intangible assets for the nine months ended September 30, 2024 and 2023 was $738 thousand and $726 thousand, respectively. Total amortization expense for the remainder of 2024 is approximately $245 thousand, $978 thousand for 2025, $940 thousand for 2026, and approximately $113 thousand for 2027.