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Intangible Assets | 12 Months Ended
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Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | 9. Intangible Assets Intangible assets subject to amortization consisted of the following: Schedule of Intangible Assets Subjects to Amortization
|  | Weighted Average |  | As of December 31, 2020 |  |  | As of December 31, 2019 |
|  | Useful Life (in years) |  | Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Developed technology |  | 4.70 |  | $ | 19,070,857 |  |  | $ | (8,283,740 | ) |  | $ | 10,787,117 |  |  | $ | 19,138,104 |  |  | $ | (4,090,359 | ) |  | $ | 15,047,745 |
Noncompete agreement |  | 2.00 |  |  | 480,000 |  |  |  | (480,000 | ) |  |  | - |  |  |  | 480,000 |  |  |  | (252,000 | ) |  |  | 228,000 |
Trade name |  | 16.63 |  |  | 3,328,000 |  |  |  | (503,342 | ) |  |  | 2,824,658 |  |  |  | 3,328,000 |  |  |  | (224,745 | ) |  |  | 3,103,255 |
Subscriber relationships |  | 5.10 |  |  | 73,458,799 |  |  |  | (18,105,041 | ) |  |  | 55,353,758 |  |  |  | 73,458,799 |  |  |  | (3,587,837 | ) |  |  | 69,870,962 |
Advertiser relationships |  | 9.42 |  |  | 2,240,000 |  |  |  | (332,515 | ) |  |  | 1,907,485 |  |  |  | 2,240,000 |  |  |  | (94,635 | ) |  |  | 2,145,365 |
Database |  | 3.00 |  |  | 1,140,000 |  |  |  | (531,183 | ) |  |  | 608,817 |  |  |  | 1,140,000 |  |  |  | (151,183 | ) |  |  | 988,817 |
Subtotal amortizable intangible assets |  |  |  |  | 99,717,656 |  |  |  | (28,235,821 | ) |  |  | 71,481,835 |  |  |  | 99,784,903 |  |  |  | (8,400,759 | ) |  |  | 91,384,144 |
Website domain name |  | - |  |  | 20,000 |  |  |  | - |  |  |  | 20,000 |  |  |  | 20,000 |  |  |  | - |  |  |  | 20,000 |
Total intangible assets |  |  |  | $ | 99,737,656 |  |  | $ | (28,235,821 | ) |  | $ | 71,501,835 |  |  | $ | 99,804,903 |  |  | $ | (8,400,759 | ) |  | $ | 91,404,144 |
Developed technology, noncompete agreement, trade name, subscriber relationships, advertiser relationships, and database intangible assets subject to amortization were recorded as part of the Company’s business acquisitions. The website domain name has an infinite life and is not being amortized. Amortization expense for the years ended December 31, 2020 and 2019 was $20,301,665 and $7,806,517, respectively. Amortization expense for developed technology and platform development of $4,659,986 and $3,531,936 for the years ended December 31, 2020 and 2019, respectively, are included within cost of revenues on the consolidated statements of operations. No impairment charges have been recorded during the years ended December 31, 2020 and 2019. Estimated total amortization expense for the next five years and thereafter related to the Company’s intangible assets subject to amortization as of December 31, 2020 is as follows: Schedule of Future Estimated Amortization Expenses for Intangible Assets
|  |  | 1 |
Year Ending December 31,
2021 |  | $ | 19,803,965 |
2022 |  |  | 19,209,117 |
2023 |  |  | 17,460,073 |
2024 |  |  | 11,397,870 |
Thereafter |  |  | 3,610,810 |
Intangible assets, net |  | $ | 71,481,835 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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