| Intangible Assets Disclosure [Text Block] |
7. Intangible Assets
Intangible assets, net was as follows:
| |
|
|
|
|
|
Gross |
|
|
|
|
|
|
Net |
|
| |
|
Useful Lives |
|
|
Carrying |
|
|
Accumulated |
|
|
Carrying |
|
| March 31, 2025 |
|
(Years) |
|
|
Amount |
|
|
Amortization |
|
|
Amount |
|
| Long-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Sales Process |
|
|
10 |
|
|
$ |
2,130,956 |
|
|
$ |
(2,130,956 |
) |
|
$ |
- |
|
| Paid Member Relationships |
|
|
5 |
|
|
|
803,472 |
|
|
|
(803,472 |
) |
|
|
- |
|
| Member Lists |
|
|
5 |
|
|
|
8,186,181 |
|
|
|
(8,161,181 |
) |
|
|
25,000 |
|
| Developed Technology |
|
|
3 |
|
|
|
648,000 |
|
|
|
(648,000 |
) |
|
|
- |
|
| Trade Name/Trademarks |
|
|
4 |
|
|
|
442,500 |
|
|
|
(442,500 |
) |
|
|
- |
|
| Contracts acquired in RemoteMore acquisition |
|
|
3 - 12 (months) |
|
|
|
1,377,083 |
|
|
|
(1,377,083 |
) |
|
|
- |
|
| |
|
|
|
|
|
|
13,588,192 |
|
|
|
(13,563,192 |
) |
|
|
25,000 |
|
| Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Trade name |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
101,400 |
|
| Intangible assets, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
126,400 |
|
| |
|
|
|
|
|
Gross |
|
|
|
|
|
|
Net |
|
| |
|
Useful Lives |
|
|
Carrying |
|
|
Accumulated |
|
|
Carrying |
|
| December 31, 2024 |
|
(Years) |
|
|
Amount |
|
|
Amortization |
|
|
Amount |
|
| Long-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Sales Process |
|
|
10 |
|
|
$ |
2,130,956 |
|
|
$ |
(2,130,956 |
) |
|
$ |
- |
|
| Paid Member Relationships |
|
|
5 |
|
|
|
803,472 |
|
|
|
(803,472 |
) |
|
|
- |
|
| Member Lists |
|
|
5 |
|
|
|
8,186,181 |
|
|
|
(8,152,848 |
) |
|
|
33,333 |
|
| Developed Technology |
|
|
3 |
|
|
|
648,000 |
|
|
|
(648,000 |
) |
|
|
- |
|
| Trade Name/Trademarks |
|
|
4 |
|
|
|
442,500 |
|
|
|
(442,500 |
) |
|
|
- |
|
| Contracts acquired in RemoteMore acquisition |
|
|
3 - 12 (months) |
|
|
|
1,377,083 |
|
|
|
(1,377,083 |
) |
|
|
- |
|
| |
|
|
|
|
|
|
13,588,192 |
|
|
|
(13,554,859 |
) |
|
|
33,333 |
|
| Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Trade name |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
101,400 |
|
| Intangible assets, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
134,733 |
|
As of March 31, 2025, estimated amortization expense in future fiscal years is summarized as follows:
| Year ended December 31, |
|
|
|
|
| Remaining of 2025 |
|
$ |
25,000 |
|
| Net Carrying Amount |
|
$ |
25,000 |
|
For the three months ended March 31, 2025 and 2024, amortization expense related to intangible assets was approximately $8,333 and $27,594, and is recorded in depreciation and amortization expense in the accompanying consolidated statements of operations.
|