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Long-Lived Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Definite Lived Intangible Assets

Definite lived intangible assets related to acquisitions are as follows as of December 31, 2021:

 

 

 

Expected

Life

 

Remaining

Months

 

Gross

Intangible

Assets

 

 

Accumulated

Amortization

 

 

Net

Intangible

Assets

 

Customer lists and relationships

 

36 to 60 months

 

0 to 20 months

 

$

2,084,515

 

 

$

(1,979,130

)

 

$

105,385

 

Drawings and technology

 

36 months

 

0 months

 

 

760,207

 

 

 

(760,207

)

 

 

-

 

Trade name, trademarks & other

 

24 to 36 months

 

0 months

 

 

447,274

 

 

 

(447,274

)

 

 

-

 

Non-compete

 

36 months

 

0 months

 

 

246,797

 

 

 

(246,797

)

 

 

-

 

 

 

 

 

 

 

$

3,538,793

 

 

$

(3,433,408

)

 

$

105,385

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Definite lived intangible assets related to acquisitions are as follows as of December 31, 2020:

 

 

 

Expected

Life

 

Remaining

Months

 

Gross

Intangible

Assets

 

 

Accumulated

Amortization

 

 

Net

Intangible

Assets

 

Customer lists and relationships

 

36 to 60 months

 

10 to 32 months

 

$

2,084,515

 

 

$

(1,578,178

)

 

$

506,337

 

Drawings and technology

 

36 months

 

0 months

 

 

760,207

 

 

 

(760,207

)

 

 

-

 

Trade name, trademarks & other

 

24 to 36 months

 

10 months

 

 

447,274

 

 

 

(355,742

)

 

 

91,532

 

Non-compete

 

36 months

 

10 months

 

 

246,797

 

 

 

(182,409

)

 

 

64,388

 

 

 

 

 

 

 

$

3,538,793

 

 

$

(2,876,536

)

 

$

662,257

 

Schedule of Amortization Expense of Definite Lived Intangible Assets

The amortization expense of the definite lived intangible assets for the years remaining is as follows:

 

2022

 

 

2023

 

 

Total

 

$

63,231

 

 

$

42,154

 

 

$

105,385