Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Intangible Assets (Tables)

v3.24.2.u1
Note 6 - Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Schedule of Intangible Assets and Goodwill [Table Text Block]
   

Weighted Average Useful Life (Years)

   

Balance December 31, 2023

   

Additions

   

Balance June 30, 2024

 

Intangible assets with estimated useful lives

                               

Customer relationships

    8.0     $ 1,090,000     $ -     $ 1,090,000  

Non-compete agreements

    3.0       120,000       -       120,000  

Accumulated amortization

            (484,461 )     (78,183 )     (562,644 )

Sub-total

            725,539       (78,183 )     647,356  

Intangible assets with indefinite lives

                               

Trade names

   

Indefinite

      280,000       -       280,000  

Net identifiable intangible assets

          $ 1,005,539     $ (78,183 )   $ 927,356  
Finite-Lived Intangible Assets Amortization Expense [Table Text Block]

Remainder of 2024

  $ 68,124  

2025

    136,248  

2026

    136,248  

2027

    136,248  

2028

    136,248  

Thereafter

    34,240  

Total

  $ 647,356