XML 31 R14.htm IDEA: XBRL DOCUMENT
v3.22.1

GOODWILL AND INTANGIBLE ASSETS | 3 Months Ended
--- | ---
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | 8. GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS SCHEDULE OF GOODWILL AND INDEFINITE LIVED INTANGIBLE ASSETS
Goodwill |  |  |  |
Balance as of December 31, 2020 |  | $ | 2,534,275 |
Additions |  |  | - |
Impairment |  |  | - |
Amortization |  |  | (176,000 | )
Balance as of December 31, 2021 and March 31, 2022 |  | $ | 2,534,275 |
Indefinite Lived Intangible Assets |  |  |  |
Balance as of December 31, 2020 |  | $ | 770,000 |
Additions |  |  | - |
Impairment |  |  | - |
Amortization |  |  | (40,000 | )
Balance as of December 31, 2021 and March 31, 2022 |  | $ | 770,000 |
Goodwill relates to the acquisition of ENP Investments. Indefinite lived intangible assets consist of trade secrets and trademarks related to the acquisition of ENP Investments.
Definite Life Intangible Assets |  |  |
Balance as of December 31, 2020 |  | $ | 2,006,000 |
Amortization |  |  | (176,000 | )
Balance as of December 31, 2021 |  |  | 1,830,000 |
Amortization |  |  | (40,000 | )
Balance as of March 31, 2022 |  | $ | 1,790,000 |
Definite life intangible assets consist of customer relationships and software related to the acquisition of ENP Investments. Customer relationships and software are amortized over their estimated useful life of 15 years and 3 years, respectively. Estimated amortization expense over the next five years is as follows: SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE
2022 |  | $ | 160,000 |
2023 |  |  | 160,000 |
2024 |  |  | 160,000 |
2025 |  |  | 160,000 |
2026 |  |  | 160,000 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration