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Intangible Assets, Net | 12 Months Ended
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Dec. 31, 2023
Intangible Assets, Net [Abstract] |
Intangible assets, net | Note 9 — Intangible assets, net Intangible assets, net, consist of the following:
|  | As of December 31, |
|  | 2023 |  |  | 2022 |
Capitalized development costs (1) |  | $ | 11,416,518 |  |  | $ | 10,478,966 |
Purchased software |  |  | 395,446 |  |  |  | 407,067 |
Software from business combinations |  |  | 36,101,237 |  |  |  | - |
Subtotal |  |  | 47,913,201 |  |  |  | 10,886,033 |
Less: accumulated amortization |  |  | (10,614,005 | ) |  |  | (5,723,309 | )
Impairment of capitalized development cost and software acquired |  |  | (2,266,746 | ) |  |  |  |
Intangible assets, net |  | $ | 35,032,450 |  |  | $ | 5,162,724 |
(1) | The Company capitalized development costs related to its core supporting modules of the global trade applications and solutions incurred during the application development stage.
Amortization expense for the years ended December 31, 2023, 2022 and 2021 amounted to $5,004,968, $1,803,853 and $1,692,352, respectively.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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