| INTANGIBLE ASSETS |
Intangible assets are comprised of
a business-to-business software platform that allows video game publishers and developers to offer prize-based matches of their games
to their players. The Company continues to develop new apps, therefore additional costs were capitalized during the three-month period
ended March 31, 2023.
| |
|
Software
|
|
|
Customer
Relationships |
|
|
Tradename
|
|
|
Developed
Technology |
|
|
Total
|
|
| Cost |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| At December 31, 2021 |
|
|
12,218,908 |
|
|
|
4,840,000 |
|
|
|
750,000 |
|
|
|
1,550,000 |
|
|
|
19,358,908 |
|
| Additions |
|
|
2,496,621 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
2,496,621 |
|
| Impairments |
|
|
- |
|
|
|
(1,194,377 |
) |
|
|
(235,555 |
) |
|
|
(243,407 |
) |
|
|
(1,673,340 |
) |
| At December 31, 2022 |
|
|
14,748,072 |
|
|
|
3,645,623 |
|
|
|
514,445 |
|
|
|
1,306,593 |
|
|
|
20,214,732 |
|
| Additions |
|
|
9,550 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
9,550 |
|
| At March 31, 2023 |
|
|
14,757,622 |
|
|
|
3,645,623 |
|
|
|
514,445 |
|
|
|
1,306,593 |
|
|
|
20,224,282 |
|
| Accumulated amortization |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| At December 31, 2021 |
|
|
9,481,679 |
|
|
|
403,333 |
|
|
|
- |
|
|
|
301,389 |
|
|
|
10,186,401 |
|
| Amortization |
|
|
1,729,326 |
|
|
|
691,430 |
|
|
|
- |
|
|
|
516,667 |
|
|
|
2,937,423 |
|
| At December 31, 2022 |
|
|
11,334,223 |
|
|
|
1,037,144 |
|
|
|
- |
|
|
|
775,000 |
|
|
|
13,156,368 |
|
| Amortization |
|
|
479,187 |
|
|
|
88,599 |
|
|
|
- |
|
|
|
118,569 |
|
|
|
686,355 |
|
| At March 31, 2023 |
|
|
11,813,410 |
|
|
|
1,125,743 |
|
|
|
- |
|
|
|
893,569 |
|
|
|
13,832,722 |
|
| Carrying amounts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| At December 31, 2021 |
|
|
2,636,555 |
|
|
|
4,494,286 |
|
|
|
750,000 |
|
|
|
1,291,667 |
|
|
|
9,172,507 |
|
| At December 31, 2022 |
|
|
3,403,849 |
|
|
|
2,608,479 |
|
|
|
514,445 |
|
|
|
531,593 |
|
|
|
7,058,366 |
|
| At March 31, 2023 |
|
|
2,934,212 |
|
|
|
2,519,880 |
|
|
|
514,445 |
|
|
|
413,024 |
|
|
|
6,381,563 |
|
|