| Schedule of Intangible Assets |
Intangible assets consisted of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2021 |
|
|
December 31, 2020 |
|
|
|
Amortization
period
(years) |
|
Gross
amount |
|
|
Accumulated
amortization |
|
|
Net
amount |
|
|
Gross
amount |
|
|
Accumulated
amortization |
|
|
Net
amount |
|
Trademarks |
|
10 |
|
$ |
10,920 |
|
|
$ |
(794 |
) |
|
$ |
10,126 |
|
|
$ |
1,420 |
|
|
$ |
(373 |
) |
|
$ |
1,047 |
|
Franchise agreements |
|
7.5 – 10 |
|
|
69,500 |
|
|
|
(17,166 |
) |
|
|
52,334 |
|
|
|
34,500 |
|
|
|
(11,498 |
) |
|
|
23,002 |
|
Reacquired franchise rights |
|
5 – 8 |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
158 |
|
|
|
(15 |
) |
|
|
143 |
|
Customer relationships |
|
1 |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
33 |
|
|
|
(26 |
) |
|
|
7 |
|
Non-compete agreement |
|
5 |
|
|
1,400 |
|
|
|
(1,282 |
) |
|
|
118 |
|
|
|
1,400 |
|
|
|
(1,002 |
) |
|
|
398 |
|
Web design and domain |
|
3 – 10 |
|
|
430 |
|
|
|
(86 |
) |
|
|
344 |
|
|
|
130 |
|
|
|
(44 |
) |
|
|
86 |
|
Deferred video production costs |
|
3 |
|
|
2,370 |
|
|
|
(1,036 |
) |
|
|
1,334 |
|
|
|
1,150 |
|
|
|
(316 |
) |
|
|
834 |
|
Total definite-lived intangible assets |
|
|
|
|
84,620 |
|
|
|
(20,364 |
) |
|
|
64,256 |
|
|
|
38,791 |
|
|
|
(13,274 |
) |
|
|
25,517 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trademarks |
|
N/A |
|
|
72,607 |
|
|
|
— |
|
|
|
72,607 |
|
|
|
72,607 |
|
|
|
— |
|
|
|
72,607 |
|
Total intangible assets |
|
|
|
$ |
157,227 |
|
|
$ |
(20,364 |
) |
|
$ |
136,863 |
|
|
$ |
111,398 |
|
|
$ |
(13,274 |
) |
|
$ |
98,124 |
|
|
| Schedule of Anticipated Future Amortization Expense of Intangible Assets |
The anticipated future amortization expense of intangible assets is as follows:
|
|
|
|
|
Year ending December 31, |
|
|
|
2022 |
|
$ |
10,217 |
|
2023 |
|
|
9,809 |
|
2024 |
|
|
9,513 |
|
2025 |
|
|
9,186 |
|
2026 |
|
|
6,502 |
|
Thereafter |
|
|
19,029 |
|
Total |
|
$ |
64,256 |
|
|