XML 30 R23.htm IDEA: XBRL DOCUMENT

Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

The components of goodwill and other intangible assets were as follows:


March 31, 2024 (Unaudited)		Estimated Useful Life		Gross Carrying Amount				Accumulated Amortization				Net
Finite lived intangible assets:
Customer relationships		5 years		$	39,250,000			$	19,597,196			$	19,652,804
Software		7 years			4,570,895				1,921,671				2,649,224
Trademarks		7 years			2,026,163				729,627				1,296,536
Non-compete agreements		3 years			2,250,000				1,779,445				470,555
Total finite lived intangible assets				$	48,097,058			$	24,027,939			$	24,069,119


December 31, 2023		Estimated Useful Life		Gross Carrying Amount				Accumulated Amortization				Net
Finite lived intangible assets:
Customer relationships		5 years		$	39,250,000			$	17,636,463			$	21,613,537
Software		7 years			4,230,291				1,819,287				2,411,004
Trademarks		7 years			2,026,163				657,331				1,368,832
Non-compete agreements		3 years			2,250,000				1,591,945				658,055
Total finite lived intangible assets				$	47,756,454			$	21,705,026			$	26,051,428

Schedule of Indefinite-Lived Intangible Assets


March 31, 2024 (Unaudited) and December 31, 2023		Estimated Useful Life		Carrying Amount
Indefinite lived intangible asset:
Goodwill		Indefinite		$	85,828,238