XML 97 R14.htm IDEA: XBRL DOCUMENT
v3.25.1

INTANGIBLE ASSETS | 3 Months Ended
--- | ---
Mar. 31, 2025
INTANGIBLE ASSETS |
INTANGIBLE ASSETS | NOTE 7 – INTANGIBLE ASSETS The following table represents the balances of intangible assets as of March 31, 2025 and December 31, 2024:
|  | Estimated life |  | March 31, 2025 |  |  | December 31, 2024 |
Website Domains |  | Indefinite |  | $ | 297,323 |  |  | $ | 297,323 |
Website Domains |  | 4 years |  |  | 497,500 |  |  |  | 497,500 |
Customer relationships |  | 4-6 years |  |  | 2,081,148 |  |  |  | 2,081,148 |
Trademarks and Tradenames |  | 10 years |  |  | 1,120,000 |  |  |  | 1,120,000 |
Non-compete agreements |  | 3 years |  |  | 252,500 |  |  |  | 252,500 |
|  |  |  |  | 4,248,471 |  |  |  | 4,248,471 |
Accumulated Amortization - Website domains |  |  |  |  | (157,040 | ) |  |  | (125,946 | )
Accumulated Amortization - Customer Relationships |  |  |  |  | (844,638 | ) |  |  | (626,994 | )
Accumulated Amortization - Trademarks / Tradenames |  |  |  |  | (109,834 | ) |  |  | (81,834 | )
Accumulated Amortization - Non-Compete |  |  |  |  | (114,860 | ) |  |  | (90,486 | )
Net Intangible |  |  |  | $ | 3,022,099 |  |  | $ | 3,323,211 |
For the three months ended March 31, 2025 and 2024, the Company recognized $301,112 and $125,219, respectively, of amortization expense related to intangible assets. The following is an amortization analysis of the annual amortization of intangible assets on a fiscal year basis as of March 31, 2025:
For the year ended December 31, schedule of annual expected amortization expense |  | Amount |
2025 (9 months remaining) |  | $ | 898,337 |
2026 |  |  | 706,907 |
2027 |  |  | 297,156 |
2028 |  |  | 375,125 |
Thereafter |  |  | 447,250 |
Total remaining intangibles amortization |  | $ | 2,724,775 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration