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INTANGIBLE ASSETS, NET
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET

4.     INTANGIBLE ASSETS, NET

 

Intangible assets consist of the following:

          
   December 31,
2022		   December 31,
2021		 
Patents and trademarks  $38,186   $38,186 
Platform   13,656,014    9,853,823 
Customer lists and contracts   1,177,200    1,177,200 
Licenses   209,282    209,282 
Contract assets   185,000    – 
    15,265,682    11,278,490 
Less: accumulated amortization   9,608,960    7,191,529 
Intangible assets, net  $5,656,722   $4,086,962 

 

Amortization expense for the year ended December 31, 2022 and 2021 was $2,416,737 and $1,963,169, respectively.

 

Estimated future amortization expense is as follows:

     
2023  $2,632,326 
2024   1,983,463 
2025   852,939 
2026   92,629 
2027   38,986 
Thereafter   56,379 
Total amortization expense  $5,656,722