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GOODWILL AND INTANGIBLE ASSETS | 9 Months Ended
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Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | NOTE 4 – GOODWILL AND INTANGIBLE ASSETS As of September 30, 2022 and December 31, 2021, the Company’s goodwill balance related to the Cleared acquisition was $5.7 million and $0, respectively. During the nine months ended September 30, 2022, the Company recorded a $2.7 million goodwill impairment charge related to a decline in the estimated fair value of Cleared as a result of a decline in the Cleared financial projections. As of September 30, 2022 and December 31, 2021, the Company has the following amounts related to amortizable intangible assets: SCHEDULE OF GOODWILL AND INTANGIBLE ASSETS
|  | September 30, |  |  | December 31, |  |  | Amortizable |
|  | 2022 |  |  | 2021 |  |  | Life |
Amortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |
ResumeBuild brand |  |  | 4,500,000 |  |  |  | - |  |  |  | 5 years |
Customer relationship asset |  |  | 1,006,840 |  |  |  | 1,006,840 |  |  |  | 3 years |
Cleared trade name |  |  | 133,339 |  |  |  | - |  |  |  | 5 years |
Cleared developed technology |  |  | 12,920 |  |  |  | - |  |  |  | 1 year |
Cleared customer relationships |  |  | 918,812 |  |  |  | - |  |  |  | 10 years |
Purchased licenses |  |  | 200,000 |  |  |  | 200,000 |  |  |  | 10 years |
Website domain name |  |  | 22,731 |  |  |  | 22,231 |  |  |  | 3 years |
Less: accumulated amortization |  |  | (1,876,092 | ) |  |  | (1,209,310 | ) |  |  |  |
Total net amortizable intangible assets |  | $ | 4,918,550 |  |  | $ | 19,761 |  |  |  |  |
The aggregate amortization expense of the Company’s intangible assets for the three months ended September 30, 2022 and 2021 was $325,495 and $617, respectively. The aggregate amortization expense of the Company’s intangible assets for the nine months ended September 30, 2022 and 2021 was $666,782 and $340,457, respectively. Total amortization expense for the remainder of 2022 is $259,762. Total amortization expense for 2023 through 2026 is approximately $1.0 million per year, for 2027 is approximately $200,000 and for 2028 through 2031 is approximately $92,000 per year.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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