Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Intangible Assets (Tables)

v3.24.2.u1
Note 7 - Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Schedule of Intangible Assets and Goodwill [Table Text Block]
           

Gross

           

Net

 
   

Useful Lives

   

Carrying

   

Accumulated

   

Carrying

 

June 30, 2024

 

(Years)

   

Amount

   

Amortization

   

Amount

 

Long-lived intangible assets:

                               

Sales Process

    10     $ 2,130,956     $ (2,111,904 )   $ 19,052  

Paid Member Relationships

    5       803,472       (803,472 )     -  

Member Lists

    5       8,186,181       (8,136,181 )     50,000  

Developed Technology

    3       648,000       (648,000 )     -  

Trade Name/Trademarks

    4       442,500       (442,292 )     208  

Contracts acquired in RemoteMore acquisition

    3 - 12 (months)       1,377,083       (1,377,083 )     -  
              13,588,192       (13,518,932 )     69,260  

Indefinite-lived intangible assets:

                               

Trade name

                            101,400  

Intangible assets, net

                          $ 170,660  
           

Gross

           

Net

 
   

Useful Lives

   

Carrying

   

Accumulated

   

Carrying

 

December 31, 2023

 

(Years)

   

Amount

   

Amortization

   

Amount

 

Long-lived intangible assets:

                               

Sales Process

    10     $ 2,130,956     $ (2,073,800 )   $ 57,156  

Paid Member Relationships

    5       803,472       (803,472 )     -  

Member Lists

    5       8,186,181       (8,119,514 )     66,667  

Developed Technology

    3       648,000       (648,000 )     -  

Trade Name/Trademarks

    4       442,500       (441,875 )     625  

Contracts acquired in RemoteMore acquisition

    3 - 12 (months)       1,377,083       (1,377,083 )     -  
              13,588,192       (13,463,744 )     124,448  

Indefinite-lived intangible assets:

                               

Trade name

                            101,400  

Intangible assets, net

                          $ 225,848  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Year ended December 31,

       

Remaining of 2024

  $ 35,927  

2025

    33,333  

Net Carrying Amount

  $ 69,260