XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.25.2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
SCHEDULE OF INTANGIBLE ASSETS | Intangible assets consisted of the following as of June 30, 2025 and December 31, 2024: SCHEDULE OF INTANGIBLE ASSETS
|  | June 30, 2025 |
|  | Gross value |  |  | Accumulated amortization |  |  | Accumulated impairment |  |  | Net carrying value |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Patents and trademarks (video solutions segment) |  | $ | 224,851 |  |  | $ | 156,283 |  |  | $ | — |  |  | $ | 68,568 |
Sponsorship agreement network (entertainment segment) |  |  | 5,600,000 |  |  |  | 4,293,333 |  |  |  | — |  |  |  | 1,306,667 |
SEO content (entertainment segment) |  |  | 600,000 |  |  |  | 575,000 |  |  |  | — |  |  |  | 25,000 |
Personal seat licenses (entertainment segment) |  |  | 117,339 |  |  |  | 14,993 |  |  |  | — |  |  |  | 102,346 |
Website enhancements (entertainment segment) |  |  | 35,900 |  |  |  | 15,816 |  |  |  | — |  |  |  | 20,084 |
Client agreements (revenue cycle management segments) |  |  | 999,034 |  |  |  | 376,623 |  |  |  | — |  |  |  | 622,411 |
|  |  | 7,577,124 |  |  |  | 5,432,048 |  |  |  | — |  |  |  | 2,145,076 |
Indefinite life intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill (Entertainment segment) |  |  | 6,112,507 |  |  |  | — |  |  |  | 307,000 |  |  |  | 5,805,507 |
Goodwill (Revenue cycle management segment) |  |  | 5,480,966 |  |  |  | — |  |  |  | 4,322,000 |  |  |  | 1,158,966 |
Trade name and trademarks (entertainment segment) |  |  | 900,000 |  |  |  | — |  |  |  | 201,000 |  |  |  | 699,000 |
Patents and trademarks pending (video solutions segment) |  |  | 163,923 |  |  |  | — |  |  |  | — |  |  |  | 163,923 |
Total |  | $ | 20,234,520 |  |  | $ | 5,432,048 |  |  | $ | 4,830,000 |  |  | $ | 9,972,472 |
|  | December 31, 2024 |
|  | Gross value |  |  | Accumulated amortization |  |  | Accumulated impairment |  |  | Net carrying value |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Patents and trademarks (video solutions segment) |  | $ | 483,521 |  |  | $ | 377,459 |  |  | $ | — |  |  | $ | 106,062 |
Sponsorship agreement network (entertainment segment) |  |  | 5,600,000 |  |  |  | 3,733,333 |  |  |  | — |  |  |  | 1,866,667 |
SEO content (entertainment segment) |  |  | 600,000 |  |  |  | 500,000 |  |  |  | — |  |  |  | 100,000 |
Personal seat licenses (entertainment segment) |  |  | 117,339 |  |  |  | 13,037 |  |  |  | — |  |  |  | 104,302 |
Software |  |  | 23,653 |  |  |  | — |  |  |  | — |  |  |  | 23,653 |
Website enhancements (entertainment segment) |  |  | 35,900 |  |  |  | 9,833 |  |  |  | — |  |  |  | 26,067 |
Client agreements (revenue cycle management segments) |  |  | 999,034 |  |  |  | 326,671 |  |  |  | — |  |  |  | 672,363 |
|  |  | 7,859,447 |  |  |  | 4,960,333 |  |  |  | — |  |  |  | 2,899,114 |
Indefinite life intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill (Entertainment segment) |  |  | 6,112,507 |  |  |  | — |  |  |  | 307,000 |  |  |  | 5,805,507 |
Goodwill (Revenue cycle management segment) |  |  | 5,480,966 |  |  |  | — |  |  |  | 4,322,000 |  |  |  | 1,158,966 |
Trade name and trademarks (entertainment segment) |  |  | 900,000 |  |  |  | — |  |  |  | 201,000 |  |  |  | 699,000 |
Patents and trademarks pending (video solutions segment) |  |  | 91,738 |  |  |  | — |  |  |  | — |  |  |  | 91,738 |
Total |  | $ | 20,444,658 |  |  | $ | 4,960,333 |  |  | $ | 4,830,000 |  |  | $ | 10,654,325 |
SCHEDULE OF ESTIMATED AMORTIZATION FOR INTANGIBLE ASSETS | SCHEDULE OF ESTIMATED AMORTIZATION FOR INTANGIBLE ASSETS
Year ending December 31: |  |  |  |
2025 (July 1, 2025 to December 31, 2025) |  |  | $ | 673,956 |
2026 |  |  |  | 899,950 |
2027 |  |  |  | 105,949 |
2028 |  |  |  | 103,815 |
2029 |  |  |  | 103,814 |
2030 and thereafter |  |  |  | 257,592 |
Total |  |  | $ | 2,145,076 |

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 Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration