XML 23 R14.htm IDEA: XBRL DOCUMENT
v3.23.3

Note 8 - Other Intangible Assets | 9 Months Ended
--- | ---
Sep. 30, 2023
Notes to Financial Statements |
Intangible Assets Disclosure [Text Block] |
8. | Other Intangible Assets
​ The following is a summary of the Company’s other intangible assets: ​
|  | Gross |  |  | Less |  |  | Net |
|  | Carrying |  |  | Accumulated |  |  | Carrying |
|  | Amount |  |  | Amortization |  |  | Amount |
September 30, 2023 |  |  |  |  |  |  |  |  |  |  |  |
Indefinite-lived intangibles: |  |  |  |  |  |  |  |  |  |  |  |
Trademark and tradenames |  | $ | 77,600 |  |  | $ | - |  |  | $ | 77,600 |
Amortizable intangibles: |  |  |  |  |  |  |  |  |  |  |  |
Dealer network |  |  | 80,000 |  |  |  | 78,000 |  |  |  | 2,000 |
Customer relationships |  |  | 80,920 |  |  |  | 41,415 |  |  |  | 39,505 |
Patents |  |  | 21,136 |  |  |  | 17,935 |  |  |  | 3,201 |
Noncompete agreements |  |  | 8,640 |  |  |  | 8,640 |  |  |  | - |
Trademarks |  |  | 5,459 |  |  |  | 4,066 |  |  |  | 1,393 |
Amortizable intangibles, net |  |  | 196,155 |  |  |  | 150,056 |  |  |  | 46,099 |
Total |  | $ | 273,755 |  |  | $ | 150,056 |  |  | $ | 123,699 |
|  | Gross |  |  | Less |  |  | Net |
|  | Carrying |  |  | Accumulated |  |  | Carrying |
|  | Amount |  |  | Amortization |  |  | Amount |
December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |
Indefinite-lived intangibles: |  |  |  |  |  |  |  |  |  |  |  |
Trademark and tradenames |  | $ | 77,600 |  |  | $ | - |  |  | $ | 77,600 |
Amortizable intangibles: |  |  |  |  |  |  |  |  |  |  |  |
Dealer network |  |  | 80,000 |  |  |  | 75,000 |  |  |  | 5,000 |
Customer relationships |  |  | 80,920 |  |  |  | 37,537 |  |  |  | 43,383 |
Patents |  |  | 21,136 |  |  |  | 16,994 |  |  |  | 4,142 |
Noncompete agreements |  |  | 8,640 |  |  |  | 8,640 |  |  |  | - |
Trademarks |  |  | 5,459 |  |  |  | 3,995 |  |  |  | 1,464 |
Amortizable intangibles, net |  |  | 196,155 |  |  |  | 142,166 |  |  |  | 53,989 |
Total |  | $ | 273,755 |  |  | $ | 142,166 |  |  | $ | 131,589 |
​ Amortization expense for intangible assets was $2,630 and $2,630 for the three months ended September 30, 2023 and 2022, respectively. Amortization expense for intangible assets was $7,890 and $7,890 for the nine months ended September 30, 2023 and 2022, respectively. Estimated amortization expense for the remainder of 2023 and each of the succeeding five years is as follows: ​
2023 |  | $ | 2,630 |
2024 |  |  | 7,520 |
2025 |  |  | 6,075 |
2026 |  |  | 5,450 |
2027 |  |  | 5,450 |
2028 |  |  | 5,450 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration