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Intangible Assets (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2019
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]    
Schedule of intangible assets, net
   June 30,
2019
   December 31,
2018
 
Merchant Portfolios  $2,190,000   $2,190,000 
Less Accumulated Amortization   (365,333)   (208,571)
Net residual portfolios  $1,824,667   $1,981,429 

 

   June 30,
2019
   December 31,
2018
 
Trade name  $2,500,000   $2,500,000 
Less Accumulated Amortization   (583,000)   (333,333)
Net trade name  $1,917,000   $2,166,667 

   December 31   December 31, 2017 
   2018   2017   Predecessor 
Merchant Portfolios  $2,190,000   $-   $2,540,690 
Less Accumulated Amortization   (208,571)   -    

(756,158

)
Net residual portfolios  $1,981,429   $-   $1,784,532 

 

   December 31   December 31, 2017 
   2018   2017   Predecessor 
Trade name  $2,500,000   $-   $      - 
Less Accumulated Amortization   (333,333)   -    - 
Net trade name  $2,166,667   $-   $- 
Schedule of estimated amortization expense related to amortizing intangible assets
2019 (remainder of year)  $406,428 
2020  $812,857 
2021  $812,857 
2022  $812,857 
2023  $479,524 
Thereafter  $417,144 
Total  $3,741,667 

The following sets forth the estimated amortization expense related to amortizing intangible assets for the years ended December 31:

 

2019  $812,857 
2020  $812,857 
2021  $812,857 
2022  $812,857 
2023  $479,524 
Thereafter  $417,144