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Note 6 - Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2021

Notes Tables

Schedule of Finite-Lived Intangible Assets [Table Text Block]

		Cost				Accumulated Amortization				Carrying Value			Amortization Life and Method
IP Software		$	2,378,248			$	(2,367,723	)		$	14,406		3 years - straight-line
Portfolios and Client Lists			7,739,665				(7,151,144	)			588,521		4 years - straight-line
Client Acquisition Costs			9,149,668				(6,950,968	)			2,198,699		4 years - straight-line
PCI Certification			449,000				(449,000	)			-		3 years - straight-line
Trademarks			703,586				(703,586	)			-		3 years - straight-line
Domain Names			437,810				(437,810	)			-		3 years - straight-line
Total		$	20,857,976			$	(18,060,231	)		$	2,801,626

		Cost				Accumulated Amortization				Carrying Value			Amortization Life and Method
IP Software		$	2,378,248			$	(2,321,843	)		$	40,185		3 years - straight-line
Portfolios and Client Lists			7,714,665				(6,776,317	)			938,348		4 years - straight-line
Client Acquisition Costs			8,841,617				(6,224,824	)			2,616,794		4 years - straight-line
PCI Certification			449,000				(449,000	)			-		3 years - straight-line
Trademarks			703,586				(703,586	)			-		3 years - straight-line
Domain Names			437,810				(437,810	)			-		3 years - straight-line
Total		$	20,524,925			$	(16,913,379	)		$	3,595,326

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

2021 (remainder of year)		$	336,867
2022			673,735
2023			673,735
2024			671,334
2025			445,955
Balance June 30, 2021		$	2,801,626

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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-Name Accounting Standards Codification
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-Section 50
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-Subparagraph (a)
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- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
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