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INTANGIBLE ASSETS
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 4 –INTANGIBLE ASSETS

 

As of June 30, 2024 and December 31, 2023, the Company has the following amounts related to amortizable intangible assets:

 

   June 30,   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   173,535    171,599   3 years
Less: accumulated amortization   (3,507,467)   (3,015,435)   
Total intangible assets, net  $2,519,167   $3,009,263    

 

The aggregate amortization expense of the Company’s intangible assets for both the three months ended June 30, 2024 and 2023 was $246 thousand. The aggregate amortization expense of the Company’s intangible assets for the six months ended June 30, 2024 and 2023 was $492 thousand and $480 thousand, respectively. Total amortization expense for the remainder of 2024 is approximately $491 thousand, $977 thousand for 2025, $939 thousand for 2026, and approximately $113 thousand for 2027.