SCHEDULE OF INTANGIBLE ASSETS |
Intangible
assets consisted of the following at September 30, 2022 and December 31, 2021:
SCHEDULE OF INTANGIBLE ASSETS
| |
September 30, 2022 | | |
December 31, 2021 | |
| |
Gross
value | | |
Accumulated
amortization | | |
Net
carrying
value | | |
Gross
value | | |
Accumulated
amortization | | |
Net
carrying
value | |
Amortized intangible assets: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Licenses (video solutions segment) | |
$ | 198,651 | | |
$ | 76,570 | | |
$ | 122,081 | | |
$ | 194,286 | | |
$ | 65,578 | | |
$ | 128,708 | |
Patents and trademarks (video solutions segment) | |
| 472,078 | | |
| 268,008 | | |
| 204,070 | | |
| 493,945 | | |
| 233,471 | | |
| 260,474 | |
Sponsorship agreement network (ticketing segment) | |
| | |
| | |
| | |
| | |
| | |
| |
SEO content (ticketing segment) | |
| 600,000 | | |
| 162,500 | | |
| 437,500 | | |
| 600,000 | | |
| 50,000 | | |
| 550,000 | |
Personal seat licenses (ticketing segment) | |
| 180,081 | | |
| 6,501 | | |
| 173,580 | | |
| 201,931 | | |
| 2,244 | | |
| 199,687 | |
Client agreements (revenue cycle management segments) | |
| 999,034 | | |
| 101,888 | | |
| 897,146 | | |
| — | | |
| — | | |
| — | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| |
| 8,049,844 | | |
| 1,828,800 | | |
| 6,221,044 | | |
| 7,090,162 | | |
| 724,626 | | |
| 6,365,536 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Indefinite life intangible assets: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Goodwill (ticketing and revenue cycle management segments) | |
| 11,367,514 | | |
| — | | |
| 11,367,514 | | |
| 9,931,547 | | |
| — | | |
| 9,931,547 | |
Trade name (ticketing segment) | |
| 600,000 | | |
| — | | |
| 600,000 | | |
| 600,000 | | |
| — | | |
| 600,000 | |
Patents and trademarks pending (video solutions segment) | |
| 41,980 | | |
| — | | |
| 41,980 | | |
| 5,430 | | |
| — | | |
| 5,430 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Total | |
$ | 20,059,338 | | |
$ | 1,828,870 | | |
$ | 18,230,538 | | |
$ | 17,627,139 | | |
$ | 724,626 | | |
$ | 16,902,513 | |
|
SCHEDULE OF ESTIMATED AMORTIZATION FOR INTANGIBLE ASSETS |
SCHEDULE OF ESTIMATED AMORTIZATION FOR INTANGIBLE ASSETS
Year ending December 31: | |
| |
2022 (October 1, to December 31, 2022) | |
$ | 385,204 | |
2023 | |
| 1,485,846 | |
2024 | |
| 1,435,289 | |
2025 | |
| 1,342,778 | |
2026 and thereafter | |
| 1,571,927 | |
Total | |
$ | 6,221,044 | |
|