| Schedule of Intangible Assets |
Intangible assets consisted of the following:
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March 31, 2025 |
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December 31, 2024 |
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|
Amortization
period
(years) |
|
Gross
amount |
|
|
Accumulated
amortization |
|
|
Net
amount |
|
|
Gross
amount |
|
|
Accumulated
amortization |
|
|
Net
amount |
|
Trademarks |
|
10 |
|
$ |
23,410 |
|
|
$ |
(7,413 |
) |
|
$ |
15,997 |
|
|
$ |
23,410 |
|
|
$ |
(6,828 |
) |
|
$ |
16,582 |
|
Franchise agreements |
|
7.5 – 10 |
|
|
31,800 |
|
|
|
(23,190 |
) |
|
|
8,610 |
|
|
|
31,800 |
|
|
|
(22,210 |
) |
|
|
9,590 |
|
Intellectual property |
|
5 |
|
|
670 |
|
|
|
(168 |
) |
|
|
502 |
|
|
|
670 |
|
|
|
(134 |
) |
|
|
536 |
|
Web design and domain |
|
3 – 10 |
|
|
413 |
|
|
|
(382 |
) |
|
|
31 |
|
|
|
413 |
|
|
|
(380 |
) |
|
|
33 |
|
Deferred video production costs |
|
3 |
|
|
6,501 |
|
|
|
(4,624 |
) |
|
|
1,877 |
|
|
|
6,102 |
|
|
|
(4,255 |
) |
|
|
1,847 |
|
Total definite-lived intangible assets |
|
|
|
|
62,794 |
|
|
|
(35,777 |
) |
|
|
27,017 |
|
|
|
62,395 |
|
|
|
(33,807 |
) |
|
|
28,588 |
|
Indefinite-lived intangible assets: |
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|
|
|
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|
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|
|
|
|
|
|
|
Trademarks |
|
N/A |
|
|
72,356 |
|
|
|
— |
|
|
|
72,356 |
|
|
|
72,356 |
|
|
|
— |
|
|
|
72,356 |
|
Total intangible assets |
|
|
|
$ |
135,150 |
|
|
$ |
(35,777 |
) |
|
$ |
99,373 |
|
|
$ |
134,751 |
|
|
$ |
(33,807 |
) |
|
$ |
100,944 |
|
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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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|
|
|
|
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|
Amount |
|
Remainder of 2025 |
|
$ |
5,709 |
|
2026 |
|
|
5,124 |
|
2027 |
|
|
3,570 |
|
2028 |
|
|
3,143 |
|
2029 |
|
|
2,856 |
|
Thereafter |
|
|
6,615 |
|
Total |
|
$ |
27,017 |
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