Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets, net was as follows:

Schedule of Intangible Assets

		Useful Lives				Gross Carrying				Accumulated				Net Carrying
March 31, 2023		(Years)				Amount				Amortization				Amount
Long-lived intangible assets:
Sales Process			10			$	2,130,956			$	(2,016,645	)		$	114,311
Paid Member Relationships			5				803,472				(803,472	)			-
Member Lists			5				8,186,181				(8,094,514	)			91,667
Developed Technology			3				648,000				(648,000	)			-
Trade Name/Trademarks			4				442,500				(441,250	)			1,250
Contracts and events acquired in acquisitions			3 - 12 months				1,377,083				(1,027,783	)			349,300
							13,588,192				(13,031,664	)			556,528
Indefinite-lived intangible assets:
Trade name															90,400
Intangible assets, net														$	646,928

		Useful Lives				Gross Carrying				Accumulated				Net Carrying
December 31, 2022		(Years)				Amount				Amortization				Amount
Long-lived intangible assets:
Sales Process			10			$	2,130,956			$	(1,997,593	)		$	133,363
Paid Member Relationships			5				803,472				(803,472	)			-
Member Lists			5				8,086,181				(8,086,181	)			-
Developed Technology			3				648,000				(648,000	)			-
Trade Name/Trademarks			4				442,500				(441,042	)			1,458
Contracts acquired in RemoteMore acquisition			3 - 12 months				935,683				(935,683	)			-
							13,046,792				(12,911,971	)			134,821
Indefinite-lived intangible assets:
Trade name															90,400
Intangible assets, net														$	225,221

Schedule of Future Annual Estimated Amortization Expense

As of March 31, 2023, estimated amortization expense in future fiscal years is summarized as follows:


Year ended December 31,
Remaining of 2023		$	432,081
2024			91,114
2025			33,333
Net Carrying Amount		$	556,528