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Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Intangible Assets [Abstract]

Schedule of Intangible Assets

The following table provides a summary of our intangible assets:

		December 31, 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				(1,380,638	)			11,363,729
Liberty Loan brand		10 years			1,952,371				(423,020	)			1,529,351
Non-compete agreements		10 years			184,825				(66,742	)			118,083
Non contractual customer relationships		5 years			340,218				(36,855	)			303,363
Customer list		3 years			86,113				(9,334	)			76,779
				$	15,338,654			$	(1,947,349	)		$	13,391,305

		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 December 31, 2023, future estimated amortization expense related to identifiable intangible assets over the next five years is set forth in the following table:

		Amortization Expense
2024		$	1,769,160
2025			1,764,026
2026			1,707,552
2027			1,675,012
2028			1,317,072
Total		$	8,232,822

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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
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-Section 50
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