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INTANGIBLE ASSETS
 3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 4 – INTANGIBLE ASSETS

 

As of March 31, 2024 and December 31, 2023, the Company has the following amounts related to amortizable intangible assets:

  

   March 31,   December 31,   Amortizable
   2024   2023   Life
Amortizable Intangible Assets:             
ResumeBuild brand  $4,500,000   $4,500,000   5 years
Customer relationship asset   1,006,840    1,006,840   3 years
Cleared trade name   133,339    133,339   5 years
Cleared developed technology   12,920    12,920   1 year
Purchased licenses   200,000    200,000   10 years
Website domain names   171,599    171,599   3 years
Less: accumulated amortization   (3,261,401)   (3,015,435)   
Total intangible assets, net  $2,763,297   $3,009,263    

 

The aggregate amortization expense of the Company’s intangible assets for the three months ended March 31, 2024 and 2023 was $246 thousand and $234 thousand, respectively. Total amortization expense for the remainder of 2024 is approximately $735 thousand, 2025 is approximately $976 thousand, 2026 is approximately $939 thousand and for 2027 is approximately $113 thousand.