| Intangible Assets and Goodwill |
Note 4 – Other Intangible Assets and Goodwill The following is a schedule of intangible assets and goodwill as of March 31, 2026: | | Term | | | Carrying Value | | | Accumulated Amortization and Impairment | | | Net Carrying Value | | | Year-to-date Amortization | | | | | | | | | | | | | | | | | | Customer list, Google | | 20 years | | | $ | 8,820,000 | | | $ | (6,210,750 | ) | | $ | 2,609,250 | | | $ | 110,250 | | Customer relationships | | 20 years | | | | 570,000 | | | | (261,250 | ) | | | 308,750 | | | | 7,125 | | Trade names, web properties (1) | | | - | | | | 390,000 | | | | — | | | | 390,000 | | | | — | | Intangible assets classified as long-term | | | | | | $ | 9,780,000 | | | $ | (6,472,000 | ) | | $ | 3,308,000 | | | $ | 117,375 | | | | | | | | | | | | | | | | | | | | | | | Goodwill, total | | | - | | | $ | 9,853,342 | | | $ | — | | | $ | 9,853,342 | | | $ | — | |
| (1) | The trade names related to our web properties have an indefinite life, and as such are not amortized. |
Amortization expense over the next five years and thereafter is as follows: 2026 (remainder of year) | | $ | 352,125 | | 2027 | | | 469,500 | | 2028 | | | 469,500 | | 2029 | | | 469,500 | | 2030 | | | 469,500 | | Thereafter | | | 687,875 | | Total | | $ | 2,918,000 | |
The following is a schedule of intangible assets and goodwill as of December 31, 2025 and amortization expense for the three months ended March 31, 2025: | | Term | | | Carrying Value | | | Accumulated Amortization and Impairment | | | Net Carrying Value | | | Year-to-date Amortization | | | | | | | | | | | | | | | | | | Customer list, Google | | 20 years | | | $ | 8,820,000 | | | $ | (6,100,500 | ) | | $ | 2,719,500 | | | $ | 110,251 | | Customer relationships | | 20 years | | | | 570,000 | | | | (254,125 | ) | | | 315,875 | | | | 7,125 | | Trade names, web properties | | | - | | | | 390,000 | | | | — | | | | 390,000 | | | | — | | Intangible assets classified as long-term | | | | | | $ | 9,780,000 | | | $ | (6,354,625 | ) | | $ | 3,425,375 | | | $ | 117,376 | | | | | | | | | | | | | | | | | | | | | | | Goodwill, total | | | | | | $ | 9,853,342 | | | $ | — | | | $ | 9,853,342 | | | $ | — | |
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