| SCHEDULE OF INTANGIBLE ASSETS |
The
following table summarizes identifiable intangible assets of the Company as of December 31, 2021 and March 31, 2022:
SCHEDULE
OF INTANGIBLE ASSETS
| March 31, 2022 (Unaudited) |
|
Useful Lives
(In Years)
|
|
Gross Carrying Amount |
|
|
Accumulated Amortization |
|
|
Net Carrying Amount |
|
| Amortized: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Customer relationships |
|
9-12 |
|
$ |
19,264 |
|
|
$ |
(4,763 |
) |
|
$ |
14,501 |
|
| Trademark and tradename |
|
3-15 |
|
|
7,553 |
|
|
|
(2,296 |
) |
|
|
5,257 |
|
| Patents |
|
7-11 |
|
|
628 |
|
|
|
(284 |
) |
|
|
344 |
|
| Technology |
|
7 |
|
|
10,911 |
|
|
|
(6,344 |
) |
|
|
4,567 |
|
| Favorable contract interest |
|
4 |
|
|
388 |
|
|
|
(388 |
) |
|
|
- |
|
| Covenant not to compete |
|
5 |
|
|
208 |
|
|
|
(194 |
) |
|
|
14 |
|
| |
|
|
|
|
38,952 |
|
|
|
(14,269 |
) |
|
|
24,683 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Unamortized: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Customer List |
|
|
|
|
104 |
|
|
|
- |
|
|
|
104 |
|
| Trademark and tradename |
|
|
|
|
61 |
|
|
|
- |
|
|
|
61 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
165 |
|
|
|
- |
|
|
|
165 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
|
$ |
39,117 |
|
|
$ |
(14,269 |
) |
|
$ |
24,848 |
|
| December 31, 2021 |
|
Useful Lives
(In Years) |
|
Gross Carrying Amount |
|
|
Accumulated Amortization |
|
|
Net Carrying Amount |
|
| Amortized: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Customer relationships |
|
9-12 |
|
$ |
19,264 |
|
|
$ |
(4,356 |
) |
|
$ |
14,908 |
|
| Trademark and tradename |
|
3-15 |
|
|
7,553 |
|
|
|
(2,096 |
) |
|
|
5,457 |
|
| Patents |
|
7-11 |
|
|
628 |
|
|
|
(262 |
) |
|
|
366 |
|
| Technology |
|
7 |
|
|
10,911 |
|
|
|
(5,709 |
) |
|
|
5,202 |
|
| Favorable contract interest |
|
4 |
|
|
388 |
|
|
|
(388 |
) |
|
|
- |
|
| Covenant not to compete |
|
5 |
|
|
208 |
|
|
|
(184 |
) |
|
|
24 |
|
| |
|
|
|
|
38,952 |
|
|
|
(12,995 |
) |
|
|
25,957 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Unamortized: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Customer List |
|
|
|
|
104 |
|
|
|
- |
|
|
|
104 |
|
| Trademark and tradename |
|
|
|
|
61 |
|
|
|
- |
|
|
|
61 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
165 |
|
|
|
- |
|
|
|
165 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
|
$ |
39,117 |
|
|
$ |
(12,995 |
) |
|
$ |
26,122 |
|
|
| SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS AMORTIZATION EXPENSE |
SCHEDULE
OF FINITE-LIVED INTANGIBLE ASSETS AMORTIZATION EXPENSE
| Year ending December 31: |
|
|
|
| 2022 (remaining) |
|
$ |
3,805 |
|
| 2023 |
|
|
5,035 |
|
| 2024 |
|
|
2,622 |
|
| 2025 |
|
|
2,495 |
|
| 2026 |
|
|
2,413 |
|
| 2027 |
|
|
2,233 |
|
| Thereafter |
|
|
6,080 |
|
| Finite-Lived intangible
assets |
|
$ |
24,683 |
|
|