Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

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Goodwill and Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and intangible assets
               
    Estimated life in years   Gross amount   December 31, 2023, Accumulated Amortization   Net
Intangible assets not subject to amortization                                
Goodwill     Indefinite     $ 4,238,671     $ —     $ 4,238,671  
Trademarks     Indefinite       514,268       —       514,268  
                                 
Total intangible assets not subject to amortization             4,752,939       —       4,752,939  
Intangible assets subject to amortization                                
Customer lists     7       2,614,099       1,434,218       1,179,881  
ABC acquired contracts     5       310,000       310,000       —  
SIAS acquired contracts     5       660,000       660,000       —  
Non-compete agreements     4       272,147       272,147       —  
Website and Digital Assets     3       33,002       29,067       3,935  
Total intangible assets subject to amortization             3,889,248       2,705,432       1,183,816  
Total Goodwill and Intangible Assets           $ 8,642,187     $ 2,705,432     $ 5,936,755  

 

    Estimated life in years   Gross amount  

March 31, 2024,

Accumulated Amortization		   Net
Intangible assets not subject to amortization                                
Goodwill     Indefinite     $ 4,238,671     $ —     $ 4,238,671  
Trademarks     Indefinite       514,268       —       514,268  
                                 
Total intangible assets not subject to amortization             4,752,939       —       4,752,939  
Intangible assets subject to amortization                                
Customer lists     7       2,614,099       1,501,004       1,113,095  
ABC acquired contracts     5       310,000       310,000       —  
SIAS acquired contracts     5       660,000       660,000       —  
Non-compete agreements     4       272,147       272,147       —  
Website and Digital Assets     3       33,002       31,428       1,574  
Total intangible assets subject to amortization             3,889,248       2,774,579       1,114,669  
Total Goodwill and Intangible Assets           $ 8,642,187     $ 2,774,579     $ 5,867,608  
Schedule of amortization over the next five years
   

Period ending December 31,

    
  2024     $ 201,931  
  2025       267,143  
  2026       267,143  
  2027       267,143  
  2028       111,309  
  Thereafter       —  
  Total     $ 1,114,669