Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v3.8.0.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and intangible assets

Goodwill and intangible assets consisted of the following:

 

          December 31, 2017  
    Estimated life
in years		     Gross amount     Accumulated
Amortization		  
                   
Goodwill     Indefinite     $ 3,015,700       —  
 Intangible Assets                        
Intangible assets not subject to amortization Trademarks     Indefinite       294,268       —  
Intangible assets subject to amortization Customer list     5 - 15        897,274       897,274  
ABC Acquired contracts     5       310,000       72,333  
                         
SIAS Acquired contracts     5       660,000       154,000  
                         
Non-compete agreements     4       272,147       266,036  
                         
Total Intangible Assets
            2,433,689       1,389,643  
                         
Total Goodwill and Intangible Assets
          $ 5,449,389     $ 1,389,643  
Schedule of amortization over the next five years

Scheduled amortization over the next five years as follows:

 

Years ending December 31,        
2018       197,333  
2019       196,778  
2020       194,000  
2021       161,667  
           
Total     $ 749,778