| Schedule of changes in the carrying amount of goodwill |
| Balance as of June 30, 2019 |
$ |
— |
| Additions due to acquisitions |
|
20,254,309 |
| Balance as of June 30, 2020 |
$ |
20,254,309 |
| Adjustments to Trellis' goodwill |
|
(14,300) |
| Additions due to acquisition of Ample |
|
25,806,518 |
| Goodwill impairment related to Ample |
|
(4,172,000) |
|
Balance as of December 31, 2020
|
$ |
41,874,527 |
|
| Schedule of intangible assets |
|
|
Weighted average remaining amortization period (in years)
|
|
Gross carrying amount
|
|
Accumulated amortization
|
|
Net carrying amount
|
|
|
Acquired developed technology
|
|
4.42
|
|
$
|
7,370,000
|
|
$
|
(679,696
|
)
|
$
|
6,690,304
|
|
|
Acquired trade names
|
|
7.40
|
|
|
420,000
|
|
|
(23,248
|
)
|
|
396,752
|
|
|
Customer relationships
|
|
1.75
|
|
|
220,000
|
|
|
(24,475
|
)
|
|
195,525
|
|
|
Other intangible assets, not yet placed into service
|
|
N/A
|
|
|
211,394
|
|
|
—
|
|
|
211,394
|
|
|
Total Intangible assets
|
|
|
|
$
|
8,221,394
|
|
$
|
(727,419
|
)
|
$
|
7,493,975
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capitalized software - In-service
|
|
1.86
|
|
|
2,852,044
|
|
|
(560,528
|
)
|
|
2,291,516
|
|
|
Capitalized software - Work in Progress
|
|
N/A
|
|
|
337,788
|
|
|
—
|
|
|
337,788
|
|
|
Total Capitalized Software
|
|
|
|
|
3,189,832
|
|
|
(560,528
|
)
|
|
2,629,304
|
|
|
Total finite-lived intangible assets
|
|
|
|
$
|
11,411,226
|
|
$
|
(1,287,947
|
)
|
$
|
10,123,279
|
|
|
Weighted average remaining amortization period (in years)
|
|
Gross carrying amount
|
|
Accumulated amortization
|
|
|
|
Impairment |
|
|
Net carrying amount
|
|
| Acquired developed technology |
|
3.77 |
|
$ |
8,220,000 |
|
$ |
(1,434,155
|
) |
|
|
(2,591,920
|
) |
|
$ |
4,193,925 |
|
| Acquired trade names |
|
5.12 |
|
|
705,000 |
|
|
(97,676
|
) |
|
|
(123,080
|
) |
|
|
484,244 |
|
| Customer relationships |
|
13.04 |
|
|
2,880,000 |
|
|
(169,374
|
) |
|
|
— |
|
|
|
2,710,626 |
|
| Other intangible assets, not yet placed into service |
|
N/A
|
|
|
— |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Total Intangible assets |
|
|
|
$ |
11,805,000 |
|
$ |
(1,701,205
|
) |
|
|
(2,715,000
|
) |
|
$ |
7,388,795 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Capitalized software - In-service |
|
1.62 |
|
|
4,593,512 |
|
|
(1,401,953
|
) |
|
|
— |
|
|
|
3,191,559 |
|
| Capitalized software - Work in Progress |
|
N/A
|
|
|
734,180 |
|
|
— |
|
|
|
— |
|
|
|
734,180 |
|
| Total Capitalized Software |
|
|
|
|
5,327,692 |
|
|
(1,401,953
|
) |
|
|
— |
|
|
|
3,925,739 |
|
| Total finite-lived intangible assets |
|
|
|
$ |
17,132,692 |
|
$ |
(3,103,158
|
) |
|
|
(2,715,000
|
) |
|
$ |
11,314,534 |
|
|
| Schedule of capitalized software and purchased intangible assets |
|
Acquired Intangible Assets
|
|
|
Capitalized Software- In-service |
|
| 2021 |
$ |
1,656,991 |
|
$ |
2,040,462 |
|
| 2022 |
|
1,501,654 |
|
|
908,094 |
|
| 2023 |
|
1,239,864 |
|
|
105,498 |
|
| 2024 |
|
1,036,991
|
|
|
94,463 |
|
| 2025 |
|
243,436 |
|
|
43,042 |
|
| Thereafter |
|
1,709,859 |
|
|
— |
|
| Total |
$ |
7,388,795 |
|
$ |
3,191,559
|
|
|