XML 63 R47.htm IDEA: XBRL DOCUMENT v3.25.1
Goodwill and Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets [Abstract]  
Schedule of Goodwill Which is Tested Annually for Impairment

The table below sets forth goodwill which is tested annually for impairment on November 30th:

  

Total

Balance at January 1, 2025   $86,841 
Changes    
—
 
Balance at March 31, 2025   $86,841 
Schedule of Intangible Assets Which are Tested Annually for Impairment

The table below sets forth the Company’s intangible assets which are tested annually for impairment on November 30th:

   Balance at March 31, 2025
Item  Gross Asset  Accumulated
Amortization		  Net Asset
ETFS Acquisition  $601,247   $
—
   $601,247 
Software development   7,432    (2,645)   4,787 
Balance at March 31, 2025  $608,679   $(2,645)  $606,034 

 

   Balance at December 31, 2024
Item  Gross Asset  Accumulated
Amortization		  Net Asset
ETFS Acquisition  $601,247   $
—
   $601,247 
Software development   6,855    (2,206)   4,649 
Balance at December 31, 2024  $608,102   $(2,206)  $605,896 
Schedule of Expected Amortization Expense for the Unamortized Finite-Lived Intangible Assets

As of March 31, 2025, expected amortization expense for the unamortized finite-lived intangible assets for the next five years and thereafter is as follows:

Remainder of 2025   $1,602 
2026    1,865 
2027    976 
2028    343 
2029 and thereafter    1 
Total expected amortization expense   $4,787