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Note 10 - Intangible Assets

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

Note 10 – Intangible Assets

The following table reflects our intangible assets:

						*December 31, 2021*												*December 31, 2020*
		Estimated useful life (in years)				*Gross*				*Accumulated amortization*				*Net*				*Gross*				*Accumulated amortization*				*Net*
Finite-lived intangible assets:
Franchise agreements			15			$	19,916,453			$	(1,068,864	)		$	18,847,589			$	-			$	-			$	-
Customer lists			10				2,088,800				(239,104	)			1,849,696				-				-				-
Purchased software			7				3,200,089				(114,289	)			3,085,800				-				-				-
Internally developed software			7				916,304				-				916,304				342,697				-				342,697
Total finite-lived intangible assets						$	26,121,646			$	(1,422,257	)		$	24,699,389			$	342,697			$	-			$	342,697
Indefinite-lived intangible assets:
Domain name		Indefinite				$	2,226,149			$	-			$	2,226,149			$	-			$	-			$	-
Total intangible assets						$	28,347,795			$	(1,422,257	)		$	26,925,538			$	342,697			$	-			$	342,697

The following table provides the estimated future amortization of finite-lived intangible assets as of December 31, 2022:

2022		$	1,974,305
2023			1,971,122
2024			1,971,122
2025			1,971,122
2026			1,971,122
Thereafter			14,840,596
Total future amortization		$	24,699,389