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Intangible Assets, Net
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net

3. Intangible Assets, Net

 

Intangible assets, net consisted of the following at March 31, 2023 and December 31, 2022:

 

   March 31, 2023   December 31, 2022 
   Gross       Net   Gross       Net 
   Carrying   Accumulated   Carrying   Carrying   Accumulated   Carrying 
   Amount   Amortization   Amount   Amount   Amortization   Amount 
Patents  $50,000   $(34,375)  $15,625   $50,000   $(33,750)  $16,250 
Trade names, trademarks product names, URLs   1,022,425    (582,684)   439,741    1,022,425    (562,114)   460,311 
Internally developed software   4,180,005    (2,243,764)   1,936,241    4,180,005    (2,165,550)   2,014,455 
Subscriber/customer relationships   3,553,102    (2,623,482)   929,620    3,553,102    (2,517,307)   1,035,794 
Total intangible assets  $8,805,532   $(5,484,305)  $3,321,227   $8,805,532   $(5,278,721)  $3,526,811 

 

Amortization expense for the three months ended March 31, 2023 was $205,584, as compared to $46,166 for the three months ended March 31, 2022. The aggregate amortization expense for each of the next five years and thereafter is estimated to be $616,749 for the remainder of 2023, $821,687 in 2024, $568,529 in 2025, $382,133 in 2026, $382,133 in 2027 and $549,996 thereafter.