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INTANGIBLE ASSETS, NET
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET

3.     INTANGIBLE ASSETS, NET

  

Intangible assets consist of the following:

         
  

March 31,

2023

   December 31,
2022
 
Patents and trademarks  $38,186   $38,186 
Platform   15,269,016    13,656,014 
Customer lists and contracts   1,177,200    1,177,200 
Licenses   209,282    209,282 
Contract assets   185,000    185,000 
    16,878,684    15,265,682 
Less: accumulated amortization   10,345,630    9,608,960 
Intangible assets, net  $6,533,054   $5,656,722 

 

Intangible assets are amortized over their useful lives ranging from periods of 3 to 15 years. Amortization expense for the three months ended March 31, 2023 and 2022 was $736,670 and $543,202, respectively.