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INTANGIBLE ASSETS AND GOODWILL (Tables)
 3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
The Company’s intangible assets at March 31, 2023 and December 31, 2022 include the following:

DescriptionEstimated Economic LifeMarch 31, 2023December 31, 2022
Developed technologies10 years$19,382,402 $19,382,402 
License agreements10 years510,752510,752 
Customer agreements1 year122,885122,885 
Distribution agreements8 years19,73319,733 
Trademarks10 years7,000 7,000 
Accumulated amortization(2,879,542)(2,379,091)
Intangible assets, net$17,163,230 $17,663,681 

Accumulated amortization as of March 31, 2023 and December 31, 2022 consisted of the following:
March 31, 2023December 31, 2022
Developed technologies$2,657,757 $2,172,594 
License agreements92,780 78,415 
Customer agreements122,885 122,884 
Distribution agreements5,245 4,497 
Trademarks875 701 
Accumulated amortization$2,879,542 $2,379,091 
Schedule of Future Minimum Amortization Expense
Future minimum amortization expense is as follows at March 31, 2023:

Remainder of 2023$1,497,202 
20241,993,499 
20251,993,499 
20261,993,499 
20271,993,499 
Thereafter7,692,032 
$17,163,230 
Schedule of Changes in Intangible Assets and Goodwill
Changes in the intangible assets and goodwill balances for the three months ended March 31, 2023 and 2022, are presented below:

As of December 31, 2022AdditionsImpairmentAmortization
As of March 31, 2023
Intangible assets$20,042,772 $— $— $— $20,042,772 
Accumulated amortization(2,379,091)— — (500,451)(2,879,542)
Total intangible assets and goodwill$17,663,681 $— $— $(500,451)$17,163,230 

As of December 31, 2021AdditionsImpairmentAmortization
As of March 31, 2022
Intangible assets$23,514,259 $500,000 $(350,000)$— $23,664,259 
Accumulated amortization(338,958)— — (568,309)(907,267)
Goodwill12,788,671 — — — 12,788,671 
Total intangible assets and goodwill$35,963,972 $500,000 $(350,000)$(568,309)$35,545,663