v3.26.1
Note 3 - Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2026
Notes Tables  
Goodwill [Table Text Block]

 

 

2026

 

 

2025

 

Balance, January 1

 

$

1,831,197

 

 

$

8,012,331

 

Disposal of interest in LR Kissimmee

 

 

(1,302,652

)

 

 

-

 

Impairment

 

 

-

 

 

 

(6,181,134

)

Goodwill, March 31

 

$

528,545

 

 

$

1,831,197

 

Intangible Asset, Finite-Lived [Table Text Block]

Weighted Average

Remaining

Amortization

March 31, 2026

Period

Gross

Accumulated

Net

(in years)

Carrying Amount

Amortization

Disposals Net

Amount

Franchise agreement

8

$

4,519,550

$

983,173

$

978,366

$

2,558,011

Agent relationships

7

916,282

217,643

240,335

458,304

Real estate listings

-

564,756

564,756

Non-compete agreements

2

188,044

102,469

27,463

58,112

Total

$

6,188,632

$

1,868,041

$

1,246,164

$

3,074,427

Weighted Average

Remaining

Amortization

December 31, 2025

Period

Gross

Accumulated

Net

(in years)

Carrying Amount

Amortization

Impairment

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

$

6,919,268

$

1,763,590

$

730,636

$

4,425,042

Intangible Asset, Finite-Lived, Amortization Expense [Table Text Block]

 

 

March 31, 2026

 

2026-remainder of the year

 

$

313,355

 

2027

 

 

414,440

 

2028

 

 

386,167

 

2029

 

 

383,945

 

2030

 

 

383,945

 

Thereafter

 

 

1,192,575

 

Total

 

$

3,074,427