XML 36 R13.htm IDEA: XBRL DOCUMENT
v3.21.1

Intangible Assets | 3 Months Ended
--- | ---
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Intangible assets consist of the following:
|  | March 31, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
DGSE |  |  |  |  |  |
Domain names |  | $ | 41,352 |  |  | $ | 41,352 |
Point of sale system |  |  | 330,000 |  |  |  | 330,000 |
|  |  | 371,352 |  |  |  | 371,352 |
Less: accumulated amortization |  |  | (220,002 | ) |  |  | (203,502 | )
Subtotal |  |  | 151,350 |  |  |  | 167,850 |
ECHG |  |  |  |  |  |  |  |
Trademarks |  |  | 1,483,000 |  |  |  | 1,483,000 |
Customer Contracts |  |  | 1,873,000 |  |  |  | 1,873,000 |
|  |  | 3,356,000 |  |  |  | 3,356,000 |
Less: accumulated amortization |  |  | (615,277 | ) |  |  | (531,377 | )
Subtotal |  |  | 2,740,723 |  |  |  | 2,824,623 |
|  | $ | 2,892,073 |  |  | $ | 2,992,473 |
The following table outlines the estimated future amortization expense related to intangible assets held as of March 31, 2021:
|  | DGSE |  |  | ECHG |  |  | Total |
2021 (excluding the three months ending March 31, 2021) |  | $ | 49,500 |  |  | $ | 251,700 |  |  | $ | 301,200 |
2022 |  |  | 66,000 |  |  |  | 335,600 |  |  |  | 401,600 |
2023 |  |  | 30,350 |  |  |  | 335,600 |  |  |  | 365,950 |
2024 |  |  | 5,500 |  |  |  | 335,600 |  |  |  | 341,100 |
2025 |  |  | - |  |  |  | 335,600 |  |  |  | 335,600 |
Thereafter |  |  | - |  |  |  | 1,146,623 |  |  |  | 1,146,623 |
|  | $ | 151,350 |  |  | $ | 2,740,723 |  |  | $ | 2,892,073 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration