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GOODWILL AND OTHER INTANGIBLE ASSETS, NET | 9 Months Ended
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Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS, NET | NOTE 7 – GOODWILL AND OTHER INTANGIBLE ASSETS, NET Intangible Assets A summary of the intangible assets is presented below: SCHEDULE OF INTANGIBLE ASSETS
Intangible Assets |  | Intangible assets, net at December 31, 2021 |  |  | Acquisitions |  |  | Impairment of intangible assets |  |  | Amortization expense |  |  | Intangible assets, net at September 30, 2022 |
Trademark Muscle Maker Grill |  | $ | 1,525,653 |  |  | $ | - |  |  | $ | - |  |  | $ | (380,368 | ) |  | $ | 1,145,285 |
Franchise Agreements |  |  | 162,439 |  |  |  | - |  |  |  | - |  |  |  | (20,030 | ) |  |  | 142,409 |
Trademark SuperFit |  |  | 38,075 |  |  |  | - |  |  |  | - |  |  |  | (6,728 | ) |  |  | 31,347 |
Domain Name SuperFit |  |  | 105,764 |  |  |  | - |  |  |  | - |  |  |  | (18,688 | ) |  |  | 87,076 |
Customer List SuperFit |  |  | 118,455 |  |  |  | - |  |  |  | - |  |  |  | (20,931 | ) |  |  | 97,524 |
Proprietary Recipes SuperFit |  |  | 135,378 |  |  |  | - |  |  |  | - |  |  |  | (23,921 | ) |  |  | 111,457 |
Non-Compete Agreement SuperFit |  |  | 193,339 |  |  |  | - |  |  |  | - |  |  |  | (64,763 | ) |  |  | 128,576 |
Trademark Pokemoto |  |  | 152,862 |  |  |  | - |  |  |  | - |  |  |  | (26,164 | ) |  |  | 126,698 |
Franchisee License Pokemoto |  |  | 2,599,473 |  |  |  | - |  |  |  | - |  |  |  | (207,441 | ) |  |  | 2,392,032 |
Proprietary Recipes Pokemoto |  |  | 1,027,916 |  |  |  | - |  |  |  | - |  |  |  | (120,645 | ) |  |  | 907,271 |
Non-Compete Agreement Pokemoto |  |  | 328,110 |  |  |  | - |  |  |  | - |  |  |  | (179,507 | ) |  |  | 148,603 |
|  | $ | 6,387,464 |  |  | $ | - |  |  | $ | - |  |  | $ | (1,069,186 | ) |  | $ | 5,318,278 |
MUSCLE MAKER, INC. AND SUBSIDIARIES Notes to Unaudited Condensed Consolidated Financial Statements NOTE 7 – GOODWILL AND OTHER INTANGIBLE ASSETS, NET Intangible Assets, continued Amortization expense related to intangible assets was $360,312 and $1,069,186 for the three and nine months ended September 30, 2022, respectively. Amortization expense related to intangible assets was $238,017 and $403,026 for the three and nine months ended September 30, 2021, respectively. The estimated future amortization expense is as follows: SCHEDULE OF FUTURE AMORTIZATION EXPENSE
For the nine months ended September 30, |  | 2023 |  |  | 2024 |  |  | 2025 |  |  | 2026 |  |  | 2027 |  |  | Thereafter |  |  | Total |
Trademark Muscle Maker Grill |  | $ | 508,551 |  |  | $ | 509,944 |  |  | $ | 126,790 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 1,145,285 |
Franchise Agreements |  |  | 26,780 |  |  |  | 26,853 |  |  |  | 26,780 |  |  |  | 26,780 |  |  |  | 26,780 |  |  |  | 8,436 |  |  |  | 142,409 |
Trademark SuperFit |  |  | 8,995 |  |  |  | 9,020 |  |  |  | 8,995 |  |  |  | 4,337 |  |  |  | - |  |  |  | - |  |  |  | 31,347 |
Domain Name SuperFit |  |  | 24,986 |  |  |  | 25,055 |  |  |  | 24,986 |  |  |  | 12,049 |  |  |  | - |  |  |  | - |  |  |  | 87,076 |
Customer List SuperFit |  |  | 27,985 |  |  |  | 28,061 |  |  |  | 27,985 |  |  |  | 13,493 |  |  |  | - |  |  |  | - |  |  |  | 97,524 |
Proprietary Recipes SuperFit |  |  | 31,983 |  |  |  | 32,070 |  |  |  | 31,983 |  |  |  | 15,421 |  |  |  | - |  |  |  | - |  |  |  | 111,457 |
Non-Compete Agreement SuperFit |  |  | 86,588 |  |  |  | 41,988 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 128,576 |
Trademark Pokemoto |  |  | 34,981 |  |  |  | 35,077 |  |  |  | 34,981 |  |  |  | 21,659 |  |  |  | - |  |  |  | - |  |  |  | 126,698 |
Franchisee License Pokemoto |  |  | 277,348 |  |  |  | 278,108 |  |  |  | 277,348 |  |  |  | 277,348 |  |  |  | 277,348 |  |  |  | 1,004,532 |  |  |  | 2,392,032 |
Proprietary Recipes Pokemoto |  |  | 161,303 |  |  |  | 161,743 |  |  |  | 161,303 |  |  |  | 161,303 |  |  |  | 161,303 |  |  |  | 100,316 |  |  |  | 907,271 |
Non-Compete Agreement Pokemoto |  |  | 148,603 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 148,603 |
Total |  | $ | 1,338,103 |  |  | $ | 1,147,919 |  |  | $ | 721,151 |  |  | $ | 532,390 |  |  | $ | 465,431 |  |  | $ | 1,113,284 |  |  |  | 5,318,278 |
The Company determined that impairment testing of the Company’s intangible assets was not deemed necessary as of September 30, 2022. Therefore, no impairment charge is required. Goodwill A summary of the goodwill assets is presented below: SCHEDULE OF GOODWILL ASSETS
Goodwill |  | Muscle Maker Grill |  |  | Pokemoto |  |  | SuperFit Food |  |  | Total |
Goodwill, net at December 31, 2021 |  | $ | 570,000 |  |  | $ | 1,798,399 |  |  | $ | 258,000 |  |  | $ | 2,626,399 |
Impairment of goodwill |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Goodwill, net at September 30, 2022 |  | $ | 570,000 |  |  | $ | 1,798,399 |  |  | $ | 258,000 |  |  | $ | 2,626,399 |
The Company determined that impairment testing of the Company’s goodwill was not deemed necessary as of September 30, 2022. Therefore, no impairment charge is required. MUSCLE MAKER, INC. AND SUBSIDIARIES Notes to Unaudited Condensed Consolidated Financial Statements

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