| Schedule of Intangible Assets |
Intangible assets consisted of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, 2022 |
|
|
December 31, 2021 |
|
|
|
Amortization
period
(years) |
|
Gross
amount |
|
|
Accumulated
amortization |
|
|
Net
amount |
|
|
Gross
amount |
|
|
Accumulated
amortization |
|
|
Net
amount |
|
Trademarks |
|
10 |
|
$ |
10,920 |
|
|
$ |
(1,067 |
) |
|
$ |
9,853 |
|
|
$ |
10,920 |
|
|
$ |
(794 |
) |
|
$ |
10,126 |
|
Franchise agreements |
|
7.5 – 10 |
|
|
69,500 |
|
|
|
(19,208 |
) |
|
|
50,292 |
|
|
|
69,500 |
|
|
|
(17,166 |
) |
|
|
52,334 |
|
Non-compete agreement |
|
5 |
|
|
1,400 |
|
|
|
(1,352 |
) |
|
|
48 |
|
|
|
1,400 |
|
|
|
(1,282 |
) |
|
|
118 |
|
Web design and domain |
|
3 – 10 |
|
|
430 |
|
|
|
(113 |
) |
|
|
317 |
|
|
|
430 |
|
|
|
(86 |
) |
|
|
344 |
|
Deferred video production costs |
|
3 |
|
|
2,686 |
|
|
|
(1,271 |
) |
|
|
1,415 |
|
|
|
2,370 |
|
|
|
(1,036 |
) |
|
|
1,334 |
|
Total definite-lived intangible assets |
|
|
|
|
84,936 |
|
|
|
(23,011 |
) |
|
|
61,925 |
|
|
|
84,620 |
|
|
|
(20,364 |
) |
|
|
64,256 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trademarks |
|
N/A |
|
|
72,607 |
|
|
|
— |
|
|
|
72,607 |
|
|
|
72,607 |
|
|
|
— |
|
|
|
72,607 |
|
Total intangible assets |
|
|
|
$ |
157,543 |
|
|
$ |
(23,011 |
) |
|
$ |
134,532 |
|
|
$ |
157,227 |
|
|
$ |
(20,364 |
) |
|
$ |
136,863 |
|
|
| Schedule of Anticipated Future Amortization Expense of Intangible Assets |
The anticipated future amortization expense of intangible assets is as follows:
|
|
|
|
|
Remainder of 2022 |
|
$ |
7,705 |
|
2023 |
|
|
9,900 |
|
2024 |
|
|
9,589 |
|
2025 |
|
|
9,200 |
|
2026 |
|
|
6,502 |
|
Thereafter |
|
|
19,029 |
|
Total |
|
$ |
61,925 |
|
|