| Schedule of Intangible Assets |
Intangible assets consisted of the following:
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September 30, 2021 |
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December 31, 2020 |
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Amortization
period
(years) |
|
Gross
amount |
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|
Accumulated
amortization |
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|
Net
amount |
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|
Gross
amount |
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|
Accumulated
amortization |
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|
Net
amount |
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Trademarks |
|
10 |
|
$ |
2,820 |
|
|
$ |
(549 |
) |
|
$ |
2,271 |
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|
$ |
1,420 |
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|
$ |
(373 |
) |
|
$ |
1,047 |
|
Franchise agreements |
|
7.5 – 10 |
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|
45,400 |
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|
(15,224 |
) |
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30,176 |
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|
34,500 |
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(11,498 |
) |
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|
23,002 |
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Reacquired franchise rights |
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5 – 8 |
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— |
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— |
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— |
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158 |
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(15 |
) |
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|
143 |
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Customer relationships |
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1 |
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— |
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— |
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— |
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33 |
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(26 |
) |
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7 |
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Non-compete agreement |
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5 |
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1,400 |
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(1,212 |
) |
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188 |
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1,400 |
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(1,002 |
) |
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|
398 |
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Web design and domain |
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3 – 10 |
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|
130 |
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(61 |
) |
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|
69 |
|
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|
130 |
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(44 |
) |
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|
86 |
|
Deferred video production costs |
|
3 |
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|
2,018 |
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|
(827 |
) |
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|
1,191 |
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|
1,150 |
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|
(316 |
) |
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|
834 |
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Total definite-lived intangible assets |
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51,768 |
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(17,873 |
) |
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33,895 |
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38,791 |
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(13,274 |
) |
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25,517 |
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Indefinite-lived intangible assets: |
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Trademarks |
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N/A |
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|
72,607 |
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— |
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72,607 |
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72,607 |
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— |
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|
72,607 |
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Total intangible assets |
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|
$ |
124,375 |
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|
$ |
(17,873 |
) |
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$ |
106,502 |
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$ |
111,398 |
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$ |
(13,274 |
) |
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$ |
98,124 |
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| Schedule of Anticipated Future Amortization Expense of Intangible Assets |
The anticipated future amortization expense of intangible assets is as follows:
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Remainder of 2021 |
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$ |
1,670 |
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2022 |
|
|
6,305 |
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2023 |
|
|
5,972 |
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2024 |
|
|
5,711 |
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2025 |
|
|
5,541 |
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Thereafter |
|
|
8,696 |
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Total |
|
$ |
33,895 |
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