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INTANGIBLE ASSETS, NET | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS, NET | 9. INTANGIBLE ASSETS, NET Intangible assets consist of the following at March 31, 2023 and December 31, 2022: SCHEDULE OF INTANGIBLE ASSETS
| Useful Lives |  | March 31, 2023 |  |  | December 31, 2022 |
Customer relationships | 7 years |  | $ | 7,100,000 |  |  | $ | 7,100,000 |
Developed technology | 10 years |  |  | 9,936,085 |  |  |  | 9,858,594 |
Trademarks and tradenames | 7 years |  |  | 2,200,000 |  |  |  | 2,200,000 |
Total intangible assets, gross |  |  |  | 19,236,085 |  |  |  | 19,158,594 |
Less: accumulated amortization |  |  |  | (1,155,188 | ) |  |  | (578,608 | )
Total intangible assets, net |  |  | $ | 18,080,897 |  |  | $ | 18,579,986 |
Amortization expense was $578,608 and $0 for the three months ended March 31, 2023 and 2022, respectively. Amortization expense for the next five years is as follows: SCHEDULE OF AMORTIZATION FUTURE ROLLING MATURITY
For the years ending December 31, |  |  |  |
2023 (excluding the three months ended March 31, 2023) |  | $ | 1,815,342 |
2024 |  |  | 2,314,431 |
2025 |  |  | 2,314,431 |
2026 |  |  | 2,314,431 |
2027 |  |  | 2,314,431 |
Thereafter |  |  | 7,007,831 |
Total |  | $ | 18,080,897 |
EIGHTCO HOLDINGS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS For the three months ended March 31, 2023 and 2022 (Unaudited)

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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