v3.25.2
Goodwill and Intangible Assets (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Goodwill and Intangible Assets [Abstract]    
Schedule of Changes in Carrying Amount of Goodwill

The following table shows the changes in the carrying amount of goodwill for the period:

 

Goodwill as of December 31, 2023   8,147,590 
Disposals   (125,508)
Goodwill as of December 31, 2024   8,022,082 
Acquisitions   
-
 
Goodwill as of March 31, 2025  $8,022,082 

The following table shows the changes in the carrying amount of goodwill for the years ended December 31, 2024 and 2023:

 

Goodwill as of December 31, 2022  $7,614,553 
Acquisitions   533,037 
Goodwill as of December 31, 2023   8,147,590 
Disposals   (125,508)
Goodwill as of December 31, 2024  $8,022,082 
Schedule of Intangibles Assets

The following summarizes the Company’s intangible assets as of March 31, 2025 and December 31, 2024:

 

   March 31,   December 31, 
   2025   2024 
Client List  $1,916,444   $1,916,444 
Noncompete Agreement   398,300    398,300 
Trademark   1,047,792    1,047,792 
Other Intangible Assets   45,836    45,836 
Accumulated amortization   (1,927,020)   (1,774,445)
   $1,481,352   $1,633,927 

The following summarizes the Company’s intangibles assets not including goodwill as of December 31, 2024 and 2023:

 

   Year Ended December 31, 
   2024   2023 
Client List  $1,916,444   $2,071,000 
Noncompete Agreement   398,300    398,300 
Trademark   1,047,792    1,117,200 
Other Intangible Assets   45,836    45,836 
Accumulated amortization   (1,774,445)   (1,119,308)
   $1,633,927   $2,513,028 
Schedule of Future Amortization Expense of Intangible Assets

Expected future amortization expense of intangible assets as of March 31, 2025, is as follows:

 

Remainder of 2025  $455,449 
2026   575,259 
2027   368,079 
2028   82,565 
2029   
-
 
2030   
-
 
   $1,481,352 

Expected future amortization expense of intangible assets as of December 31, 2024 is as follows:

 

2025  $608,025 
2026   575,259 
2027   368,079 
2028   82,564 
2029   
-
 
   $1,633,927