| Schedule of Intangible Assets |
Intangible
assets consisted of the following:
Schedule of Intangible Assets
| Description |
|
March 31, 2022 |
|
|
December 31, 2021 |
|
| Indefinite lived intangible assets: |
|
|
|
|
|
|
|
|
| Domain name |
|
$ |
20,000 |
|
|
$ |
20,000 |
|
| Goodwill |
|
$ |
146,838 |
|
|
$ |
109,983 |
|
| Total indefinite lived intangible assets |
|
$ |
166,838 |
|
|
$ |
129,983 |
|
| |
|
|
|
|
|
|
|
|
| Other intangible assets: |
|
|
|
|
|
|
|
|
| Trademarks |
|
$ |
123,024 |
|
|
$ |
103,258 |
|
| Software |
|
|
539,036 |
|
|
|
503,517 |
|
| Customer list |
|
|
921,486 |
|
|
|
855,073 |
|
| Non-compete |
|
|
1,698 |
|
|
|
858 |
|
| Loading rack license |
|
|
58,858 |
|
|
|
- |
|
| Technology license |
|
|
2,950,000 |
|
|
|
2,950,000 |
|
| Total other intangible assets |
|
$ |
4,594,102 |
|
|
$ |
4,412,706 |
|
| Accumulated amortization |
|
|
(1,442,814 |
) |
|
|
(1,205,379 |
) |
| Total other intangible assets, net |
|
$ |
3,151,288 |
|
|
$ |
3,207,327 |
|
|
| Schedule of Future Amortization Expense for Intangible Assets |
Future
amortization schedule for intangible assets as of March 31, 2022 is as follows:
Schedule of Future Amortization Expense for Intangible Assets
| |
|
|
|
|
| 2022 (April to December) |
|
|
681,724 |
|
| 2023 |
|
|
834,205 |
|
| 2024 |
|
|
747,659 |
|
| 2025 |
|
|
633,941 |
|
| 2026 |
|
|
246,507 |
|
| 2027 |
|
|
7,252 |
|
| TOTAL |
|
$ |
3,151,288 |
|
|