Intangible Assets (Tables)
|
3 Months Ended |
Mar. 31, 2022 |
|---|
| Intangible Assets |
|
| Following minimum payments of ESG |
|
|
Minimum Payments |
|
Years from the Trigger Date: |
|
For Year Ended |
|
Year two |
|
$ |
500,000 |
|
Year three |
|
|
750,000 |
|
Year four |
|
|
1,250,000 |
|
Year five |
|
|
1,750,000 |
|
Year six |
|
|
2,250,000 |
|
Year seven |
|
|
2,750,000 |
|
Year eight |
|
|
3,250,000 |
|
Year nine and after |
|
|
3,250,000 |
|
|
| Consisted intangible assets |
|
|
March 31,
2022
|
|
|
December 31,
2021
|
|
ESG Clean Energy License |
|
$ |
5,000,000 |
|
|
$ |
5,000,000 |
|
Accumulated amortization |
|
|
(190,291 |
) |
|
|
(114,175 |
) |
|
|
$ |
4,809,709 |
|
|
$ |
4,885,825 |
|
|
| Other intangibles |
|
|
Years Ended |
|
|
|
December 31, |
|
|
|
March 31,
2021
|
|
|
December 31,
2021
|
|
Simmax Brand |
|
$ |
2,230,673 |
|
|
$ |
2,230,673 |
|
Customer Relationships |
|
|
1,677,453 |
|
|
|
1,677,453 |
|
Accumulated amortization |
|
|
(75,370 |
) |
|
|
(34,009 |
) |
|
|
$ |
3,832,756 |
|
|
$ |
3,874,117 |
|
|