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Intangible Assets
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]    
Intangible Assets

8.      Intangible Assets

     

June 30, 2022

   

Gross
Carrying
Amount

 

Accumulated Amortization

 

Net
Carrying
Amount

Intellectual property

 

$

123,143

 

$

 

$

123,143

Domain name

 

 

500,448

 

 

35,975

 

 

464,473

Brand (Note 3)

 

 

1,284,000

 

 

87,769

 

 

1,196,231

Technology (Note 3)

 

 

1,475,000

 

 

201,651

 

 

1,273,349

   

$

3,382,591

 

$

325,395

 

$

3,057,196

     

December 31, 2021

   

Gross
Carrying
Amount

 

Accumulated Amortization

 

Net
Carrying
Amount

Intellectual property

 

$

123,143

 

$

 

$

123,143

Domain name

 

 

500,448

 

 

19,293

 

 

481,155

Brand (Note 3)

 

 

1,284,000

 

 

23,569

 

 

1,260,431

Technology (Note 3)

 

 

1,475,000

 

 

54,151

 

 

1,420,849

   

$

3,382,591

 

$

97,013

 

$

3,285,578

Amortization expense related to intangible assets for the three and six months ended June 30, 2022 was $114,492 and $228,382, respectively (three and six months ended June 30, 2021 — $nil and $nil).

8.      Intangible Assets

     

2021

   

Gross
Carrying Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

Intellectual property

 

$

123,143

 

$

 

$

123,143

Domain name

 

 

500,448

 

 

19,293

 

 

481,155

Brand (Note 3)

 

 

1,284,000

 

 

23,569

 

 

1,260,431

Technology (Note 3)

 

 

1,475,000

 

 

54,151

 

 

1,420,849

   

$

3,382,591

 

$

97,013

 

$

3,285,758

     

2020

   

Gross
Carrying Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

Intellectual property

 

$

123,143

 

$

 

$

123,143

   

$

123,143

 

$

 

$

123,143

Amortization expense related to intangible assets was $97,013 and $nil for the years ended December 31, 2021 and 2020, respectively.

For intangible assets held as of December 31, 2021, amortization expense for the five succeeding fiscal years is as follows:

       

2022

 

$

456,763

2023

 

 

456,763

2024

 

 

456,763

2025

 

 

456,763

2026

 

 

402,612

   

$

2,229,664