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Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2023

Intangible Assets [Abstract]

Schedule of Intangible Assets

The following table provides a summary of our intangible assets:

		September 30, 2023
		Estimated Useful Life		Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount
Patent		10 years		$	30,760			$	(30,760	)		$	-
Franchisee contract-based agreements		10 years			12,744,367				(1,062,029	)			11,682,338
Liberty Loan brand		10 years			340,218				(28,350	)			311,868
Non-compete agreements		10 years			86,113				(7,180	)			78,933
Non contractual customer relationships		5 years			1,952,371				(325,400	)			1,626,971
Customer list		3 years			184,825				(51,340	)			133,485
				$	15,338,654			$	(1,505,059	)		$	13,833,595

		December 31, 2022
		Estimated Useful Life		Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount
Patent		10 years		$	30,760			$	(28,876	)		$	1,884
Franchisee contract-based agreements		10 years			12,744,367				(106,203	)			12,638,164
Liberty Loan brand		10 years			340,218				(2,835	)			337,383
Non-compete agreements		10 years			86,113				(718	)			85,395
Non contractual customer relationships		5 years			1,952,371				(32,540	)			1,919,831
Customer list		3 years			184,825				(5,133	)			179,692
				$	15,338,654			$	(176,305	)		$	15,162,349

Schedule of Future Estimated Amortization Expense

As of September 30, 2023, future estimated amortization expense related to identifiable intangible assets over the next five years is set forth in the following table:

		Amortization Expense
2023 (three months remaining)		$	442,290
2024			1,769,160
2025			1,764,026
2026			1,707,552
2027			1,675,012
Total		$	7,358,040

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482665/350-30-50-1

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
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