4. Goodwill and Intangible Assets

Goodwill and intangible assets consist of the following:

Schedule of Goodwill and Intangible Assets

On December 29, 2023, in relation to the acquisition of CardCash, the Company recorded goodwill of $20,007,670.

During the twelve months ended December 31, 2024, the Company recorded an amortization expense of $2,431,668, leaving a remaining intangible asset balance of $4,268,332 at December 31, 2024. During the year ended December 31, 2025, in connection with the acquisition of Takeout7 (see Note 2), the Company recorded intangible assets of $491,163 and recorded an amortization expense of $2,271,673, leaving a remaining intangible asset balance of $2,487,822 at December 31, 2025.

Identifiable intangibles are amortized over their estimated remaining useful lives, which are as follows:

Schedule of Identifiable Intangibles Assets Estimated Remaining Useful Lives

Estimated amortization expense for the Company is as follows:

Schedule of Estimated Amortization Expense