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GOODWILL AND INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Accumulated Amortization of Intangible Assets The gross carrying amount and accumulated amortization of intangible assets were as follows as of December 31, 2021 and December 31, 2020:

 

 

 

December 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Definite-lived intangible assets

 

 

 

 

 

 

Customer relationships

 

$

14,248,342

 

 

$

14,050,000

 

Less: accumulated amortization

 

 

(1,139,868

)

 

 

(582,917

)

Definite-lived intangible assets, net

 

$

13,108,474

 

 

$

13,467,083

 

 

 

 

 

 

 

 

Indefinite-lived intangible assets

 

 

 

 

 

 

Brands

 

$

3,192,852

 

 

$

3,123,000

 

Total Intangibles

 

$

16,301,326

 

 

$

16,590,083

 

Schedule Future Estimated Amortization Expense

The following is the future estimated amortization expense related to customer relationships as of December 31, 2021:

 

Year ending December 31,

 

 

 

2022

 

$

570,000

 

2023

 

 

570,000

 

2024

 

 

570,000

 

2025

 

 

570,000

 

2026

 

 

570,000

 

Thereafter

 

 

10,258,474

 

 

 

$

13,108,474