Intangible Assets (Details Narrative) - USD ($) |
6 Months Ended | |
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Jun. 30, 2022 |
Jun. 30, 2021 |
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Goodwill and Intangible Assets Disclosure [Abstract] | ||
Amortization expense | $ 394,248 | $ 397,664 |
Future amortization expenses, annual periods thereafter | $ 788,000 |
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of amortization for assets, excluding financial assets and goodwill, lacking physical substance with finite life expected to be recognized in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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