Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

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, 2022		(Years)		Amount				Amortization				Amount
Long-lived intangible assets:
Sales Process		10		$	2,130,956			$	(1,940,437	)		$	190,519
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				(440,417	)			2,083
Contracts purchased		3-12 months			935,683				(525,025	)			410,658
					13,046,792				(12,443,532	)			603,260
Indefinite-lived intangible assets:
Trade name													90,400
Intangible assets, net												$	693,660

		Useful Lives		Gross Carrying				Accumulated				Net Carrying
December 31, 2021		(Years)		Amount				Amortization				Amount
Long-lived intangible assets:
Sales Process		10		$	2,130,956			$	(1,921,386	)		$	209,570
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				(440,208	)			2,292
Contracts acquired in RemoteMore acquisition		3-12 months			935,683				(269,664	)			666,019
					13,046,792				(12,168,911	)			877,881
Indefinite-lived intangible assets:
Trade name													90,400
Intangible assets, net												$	968,281

Schedule of Future Annual Estimated Amortization Expense

As of March 31, 2022, estimated amortization expense in future fiscal years is summarized as follows:

Year ended December 31,
Remaining of 2022		$	468,282
2023			76,832
2024			57,780
2025			366
Net Carrying Amount		$	603,260