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Summary Of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
Summary Of Significant Accounting Policies  
Schedule of Estimated Useful Life of Property and Equipment

Property and equipment are stated at cost, and are depreciated or amortized using the straight-line method over the following estimated useful lives:

Furniture, fixtures & equipment   7 Years
Computer equipment   5 Years
Commerce server   5 Years
Computer software   3 - 5 Years
Leasehold improvements   Length of the lease

 

Schedule of Goodwill and Intangible assets amortization

Goodwill and Intangible assets are comprised of the following, presented as net of amortization:

 

    March 31, 2021
    Parscale Digital   WebTegrity   CloudCommerce   Total
Customer list     —         —         —         —    
Non-compete agreement     —         —         —         —    
Domain name and trademark     —         —         26,410       26,410  
Brand name     —         —         —         —    
Goodwill     —         —         —         —    
Customer list     —         —         —         —    

 

 

    December 31, 2020
    Parscale Digital   WebTegrity   CloudCommerce   Total
Customer list     —         —         —         —    
Non-compete agreement     —         —         —         —    
Domain name and trademark     —         —         26,582       26,582  
Brand name     —         —         —         —    
Goodwill     —         —         —         —    
Customer list     —         —         —         —    
                                 

 

Schedule of Deferred Tax Assets and Liabilities

For the three months ended March 31, 2021, we used the federal tax rate of 21% in our determination of the deferred tax assets and liabilities balances.

    For the three months ended
    March 31, 2021
     
Current tax provision:        
    Federal        
          Taxable income   $ —    
          Total current tax provision   $ —    
         
Deferred tax provision:        
    Federal        
          Loss carryforwards   $ 3,899,037  
          Change in valuation allowance     (3,899,037 )
          Total deferred tax provision   $ —