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Intangibles | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangibles | Intangibles Intangible assets consisted of the following as of December 31, 2023 and December 31, 2022:
| December 31, 2023
| Estimated Useful Life (Years) |  | Gross Carrying Amount |  | Additions |  | Accumulated Amortization |  | Net Carrying Amount
Patents | 15 years |  | $ | 62,823 |  |  | $ | 20,961 |  |  | $ | (15,592) |  |  | $ | 68,192 |
Computer software | 5 years |  | 247,828 |  |  | — |  |  | (235,967) |  |  | 11,861 |
Operating licenses | Indefinite |  | 8,799,004 |  |  | 600,000 |  |  | — |  |  | 9,399,004 |
Internally developed software | 4-5 years |  | 8,284,058 |  |  | 1,794,029 |  |  | (8,821,563) |  |  | 1,256,524 |
Material contracts | Indefinite |  | 62,550 |  |  | — |  |  | — |  |  | 62,550 |
Customer relationships | 8-9 years |  | 12,397,954 |  |  | 15,939,570 |  |  | (3,334,925) |  |  | 25,002,599 |
Trademark | 8 years |  | 326,646 |  |  | 17,101 |  |  | (46,549) |  |  | 297,198 |
Non-compete agreements | 5 years |  | — |  |  | 100,000 |  |  | (15,000) |  |  | 85,000 |
Trade credits | 5 years |  | — |  |  | 1,500,000 |  |  | — |  |  | 1,500,000 |
|  |  | $ | 30,180,863 |  |  | $ | 19,971,661 |  |  | $ | (12,469,596) |  |  | $ | 37,682,928 |
| December 31, 2022
| Estimated Useful Life (Years) |  | Gross Carrying Amount |  | Additions |  | Accumulated Amortization |  |  | Net Carrying Amount
Patents | 15 years |  | $ | 48,668 |  |  | $ | 14,155 |  |  | $ | (10,116) |  |  |  | $ | 52,707 |
Computer software | 5 years |  | 294,147 |  |  | (46,319) |  |  | (224,886) |  |  |  | 22,942 |
Operating licenses | Indefinite |  | 8,375,514 |  |  | 423,490 |  |  | — |  |  |  | 8,799,004 |
Internally developed software | 4-5 years |  | 6,013,513 |  |  | 2,270,545 |  |  | (6,378,911) |  |  |  | 1,905,147 |
Material contracts | Indefinite |  | — |  |  | 62,550 |  |  | — |  |  |  | 62,550 |
Customer relationships | 8-9 years |  | — |  |  | 12,397,954 |  |  | (594,301) |  |  |  | 11,803,653 |
Trademark | 8 years |  | — |  |  | 326,646 |  |  | (3,403) |  |  |  | 323,243 |
|  |  | $ | 14,731,842 |  |  | $ | 15,449,021 |  |  | $ | (7,211,617) |  |  |  | $ | 22,969,246 |
The intangible assets include an immaterial foreign currency translation adjustment in the amount of $8,621. Intangible asset balances are translated into U.S. dollars using exchange rates in effect at period end, and adjustments related to foreign currency translation are included in other comprehensive income. The Company recorded amortization expense of $5,249,358, $3,214,814 and $1,845,193 for the periods ended December 31, 2023, 2022 and 2021, respectively. Future amortization expense at December 31, 2023 for the next five years and in the aggregate are as follows:
| Amortization Expense
2024 | $ | 3,905,132 |
2025 | 3,855,130 |
2026 | 3,249,936 |
2027 | 3,249,222 |
2028 | 3,232,758 |
Thereafter | 9,229,196 |
Total | $ | 26,721,374 |

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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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