Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v3.21.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets [Abstract]  
Schedule of goodwill
  December 31,
2020
    December 31,
2019
 
Balance, beginning of period   $ 17,798,932     $ 8,752,909  
Goodwill additions     45,152,529       9,046,023  
Impairments     -       -  
Balance, end of period   $ 62,951,461     $ 17,798,932  
Schedule of intangible assets
    December 31, 2020     December 31, 2019  
    Gross
Carrying
Amount
    Accumulated
Amortization
    Gross
Carrying
Amount
    Accumulated
Amortization
 
Tradenames   $ 13,923,000     $ (398,567 )   $ -     $ -  
Patents, trademarks     100,000       (9,051 )     100,000       -  
Customer relationships     6,297,000       (137,814 )     -       ---  
Non-competes     796,000       (21,743 )     -       -  
Capitalized software     1,162,603       (221,884 )     138,280       (5,000 )
    $ 22,278,603     $ (789,059 )   $ 238,280     $ (5,000 )
Schedule of future amortization expense

Future amortization expense is as follows:      
2021   $ 4,378,876  
2022     4,396,281  
2023     4,169,321  
2024     4,069,439  
2025     3,563,940  
2026     911,687  
Total   $ 21,489,544