| Schedule of intangible assets |
| |
Weighted average remaining amortization period (in years)
|
|
Gross carrying amount
|
|
|
Accumulated
amortization
|
|
|
|
Impairment |
|
|
Net carrying
amount
|
|
| Acquired developed technology |
|
0.50 |
|
$ |
5,978,080 |
|
|
$ |
(3,480,769 |
) |
|
$ |
(2,375,645 |
) |
|
$ |
121,666 |
|
| Acquired trade names |
|
0.52 |
|
|
566,920 |
|
|
|
(365,627 |
) |
|
|
(158,237 |
) |
|
|
43,056 |
|
| Customer relationships |
|
12.50 |
|
|
3,440,000 |
|
|
|
(763,500 |
) |
|
|
(676,500 |
) |
|
|
2,000,000 |
|
| Total intangible assets |
|
|
|
$ |
9,985,000 |
|
|
$ |
(4,609,896 |
) |
|
$ |
(3,210,382 |
) |
|
$ |
2,164,722 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Capitalized software - In-service |
|
1.17 |
|
|
12,038,149 |
|
|
|
(8,452,649 |
) |
|
|
(2,930,944 |
) |
|
|
654,556 |
|
| Capitalized software - Work in progress |
|
N/A
|
|
|
1,689,976 |
|
|
|
— |
|
|
|
(1,689,976 |
) |
|
|
— |
|
| Total capitalized software |
|
|
|
|
13,728,125 |
|
|
|
(8,452,649 |
) |
|
|
(4,620,920 |
) |
|
|
654,556 |
|
| Total finite-lived intangible assets |
|
|
|
$ |
23,713,125 |
|
|
$ |
(13,062,545 |
) |
|
$ |
(7,831,302 |
) |
|
$ |
2,819,278 |
|
|
Weighted average
remaining amortization
period (in years) |
|
Gross carrying amount |
|
|
Accumulated
amortization |
|
|
|
Impairment
|
|
|
Net carrying
amount |
|
Acquired developed technology |
|
3.35 |
|
$ |
5,978,080 |
|
|
$ |
(2,703,157 |
) |
|
$ |
— |
|
|
$ |
3,274,923 |
|
Acquired trade names |
|
3.09 |
|
|
566,920 |
|
|
|
(234,160 |
) |
|
|
— |
|
|
|
332,760 |
|
Customer relationships |
|
10.18 |
|
|
3,440,000 |
|
|
|
(494,000 |
) |
|
|
— |
|
|
|
2,946,000 |
|
Total intangible assets |
|
|
|
$ |
9,985,000 |
|
|
$ |
(3,431,317 |
) |
|
$ |
— |
|
|
$ |
6,553,683 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capitalized software - In-service |
|
2.02 |
|
|
8,738,801 |
|
|
|
(4,388,524 |
) |
|
|
— |
|
|
|
4,350,277 |
|
Capitalized software - Work in progress |
|
N/A |
|
|
2,886,859 |
|
|
|
— |
|
|
(296,483
|
) |
|
|
2,590,376 |
|
Total capitalized software |
|
|
|
|
11,625,660 |
|
|
|
(4,388,524 |
) |
|
(296,483
|
) |
|
|
6,940,653 |
|
Total finite-lived intangible assets |
|
|
|
$ |
21,610,660 |
|
|
$ |
(7,819,841 |
) |
|
$ |
(296,483 |
) |
|
$ |
13,494,336 |
|
|