XML 76 R27.htm IDEA: XBRL DOCUMENT
v3.20.1

Other Intangible Assets and Goodwill (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets from Continuing Operations | The following is a schedule of intangible assets as of March 31, 2020:
| Term |  | Carrying Value |  | Accumulated Amortization and Impairment |  | Net Carrying Value |  | Year-to-date Amortization
Customer list, Google | 20 years |  | $ | 8,820,000 |  |  | $ | (3,564,750) |  |  | $ | 5,255,250 |  |  | $ | 110,250 |
Technology | 5 years |  | 3,600,000 |  |  | (2,280,000) |  |  | 1,320,000 |  |  | 180,000 |
Customer list, ReTargeter (2) | 5 years |  | 1,931,250 |  |  | (257,500) |  |  | 1,673,750 |  |  | 96,563 |
Customer list, all other | 10 years |  | 1,610,000 |  |  | (1,301,450) |  |  | 308,550 |  |  | 40,250 |
Brand name, ReTargeter (2) | 5 years |  | 643,750 |  |  | (85,833) |  |  | 557,917 |  |  | 32,188 |
Customer relationships | 20 years |  | 570,000 |  |  | (90,250) |  |  | 479,750 |  |  | 7,125 |
Trade names, web properties (1) | - |  | 390,000 |  |  | — |  |  | 390,000 |  |  | — |
Intangible assets classified as long-term |  |  | $ | 17,565,000 |  |  | $ | (7,579,783) |  |  | $ | 9,985,217 |  |  | $ | 466,376 |
Goodwill, total | - |  | $ | 9,853,342 |  |  | $ | — |  |  | $ | 9,853,342 |  |  | $ | — |
1.The trade names related to our web properties have an indefinite life, and as such are not amortized. 2.We recorded $2.57 million in intangible assets from the CPT Merger Termination Agreement. An independent valuation of the assets was performed to determine the carrying value of the assets listed above. See Note 1 - Organization and Business.
Schedule of Amortization Expense | Amortization expense over the next five years and thereafter is as follows:
2020 | $ | 1,399,128 |
2021 | 1,865,504 |
2022 | 1,071,294 |
2023 | 984,500 |
2023 | 769,917 |
Thereafter | 3,504,874 |
Total | $ | 9,595,217 |

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 Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration