| Schedule of Acquired Finite-Lived Intangible Assets by Major Class |
The following table summarizes information relating to our acquired amortizable intangible assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of March 31, 2024 | | As of December 31, 2023 | | | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Estimated Useful Lives | Customer relationships | $ | 6,073,152 | | | $ | (4,907,471) | | | $ | 1,165,681 | | | $ | 6,073,152 | | | $ | (4,824,140) | | | $ | 1,249,012 | | | 3 to 18 years | | Trade names | 1,010,300 | | | (1,010,300) | | | — | | | 1,010,300 | | | (1,010,300) | | | — | | | 4 to 7 years | Other amortizable intangibles | 50,701 | | | (40,865) | | | 9,836 | | | 50,495 | | | (40,172) | | | 10,323 | | | 1 to 15 years | | $ | 7,134,153 | | | $ | (5,958,636) | | | $ | 1,175,517 | | | $ | 7,133,947 | | | $ | (5,874,612) | | | $ | 1,259,335 | | | |
Amortization expense for the three months ended March 31, 2024 and 2023 aggregated $84,024 and $105,695, respectively.
|