v3.26.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill

Changes in the carrying amount of goodwill are as follows:

 

   2025   2024 
Balance January 1  $8,012,331   $5,702,612 
Additions   -    3,097,157 
Impairment   (6,181,134)   (787,438)
Goodwill as of December 31  $1,831,197   $8,012,331 
Schedule of Purchased Intangible Assets

The components of purchased intangible assets were as follows:

 

    Weighted                          
    Average                          
    Remaining     December 31, 2025  
    Amortization     Gross                    
    Period
(in years)
    Carrying Amount     Accumulated
Amortization
    Impairment     Net
Amount
 
Franchise agreement   8       5,249,482       904,018       729,932       3,615,532  
Agent relationships   7       916,282       200,812       -       715,470  
Real estate listings   -       564,756       564,756       -       -  
Non-compete agreements   2       188,748       94,004       704       94,040  
Total   8     $ 6,919,268     $ 1,763,590     $ 730,636     $ 4,425,042  

 

   Weighted             
   Average             
   Remaining   December 31, 2024 
   Amortization   Gross         
   Period
(in years)
   Carrying
Amount
   Accumulated
Amortization
   Net
Amount
 
Franchise agreement  9    5,249,482    467,138    4,782,344 
Agent relationships  8    916,282    93,431    822,851 
Real estate listings  0    564,756    472,543    92,213 
Non-compete agreements  3    188,748    46,076    142,672 
Total   9   $6,919,268   $1,079,188   $5,840,080 
   Useful Life
Franchise agreement  10 to 11 years
Agent relationships  8 to 11 years
Real estate listings  1 year
Non-compete agreements  4 years
Schedule of Remaining Estimated Amortization Expense The remaining estimated annual amortization expense is expected to be as follows:
   Amortization 
2026  $580,300 
2027   576,935 
2028   534,930 
2029   532,708 
2030   532,708 
Thereafter   1,667,461 
Total  $4,425,042