| Schedule of Intangible Assets are Comprised of a Business-to-Business Software Platform |
The Company continues to develop new apps, therefore additional costs were capitalized during the nine month period ended September 30, 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
|
|
—
|
|
(1,699,034 |
)
|
|
(329,167 |
)
|
|
(340,139 |
)
|
|
(2,338,340 |
)
|
|
At December 31, 2022
|
|
14,715,529 |
|
3,170,966 |
|
|
420,833 |
|
|
1,209,861 |
|
|
19,517,189 |
|
|
Additions
|
|
19,006 |
|
—
|
|
|
—
|
|
|
—
|
|
|
19,006 |
|
|
At September 30, 2023
|
|
14,734,535 |
|
3,170,966 |
|
|
420,833 |
|
|
1,209,861 |
|
|
19,536,195 |
|
|
Accumulated amortization
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
At December 31, 2021
|
|
9,582,355 |
|
345,714 |
|
|
—
|
|
|
258,333 |
|
|
10,186,402 |
|
|
Amortization
|
|
1,729,326 |
|
691,430 |
|
|
—
|
|
|
516,667 |
|
|
2,937,423 |
|
|
At December 31, 2022
|
|
11,311,681 |
|
1,037,144 |
|
|
—
|
|
|
775,000 |
|
|
13,123,825 |
|
|
Amortization
|
|
1,361,639 |
|
290,976 |
|
|
—
|
|
|
217,430 |
|
|
1,870,045 |
|
|
At September 30, 2023
|
|
12,673,320 |
|
1,328,120 |
|
|
—
|
|
|
992,430 |
|
|
14,993,870 |
|
|
Carrying amounts
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
At December 31, 2021
|
|
2,636,553 |
|
4,494,286 |
|
|
750,000 |
|
|
1,291,667 |
|
|
9,172,506 |
|
|
At December 31, 2022
|
|
3,403,848 |
|
2,133,822 |
|
|
420,833 |
|
|
434,861 |
|
|
6,393,364 |
|
|
At September 30, 2023
|
|
2,061,215 |
|
1,842,846 |
|
|
420,833 |
|
|
217,431 |
|
|
4,542,326 |
|
|
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 years ended December 31, 2022 and 2021.
|
|
|
Software
|
|
Customer Relationships
|
|
Tradename
|
|
Developed Technology
|
|
Total
|
|
Cost
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
At December 31, 2020
|
|
9,914,104 |
|
|
—
|
|
|
—
|
|
|
—
|
|
|
9,914,104 |
|
|
Foreign currency
adjustment
|
|
(47,444 |
)
|
|
|
|
|
|
|
|
|
|
|
(47,444 |
)
|
|
Additions
|
|
2,352,248 |
|
|
4,840,000 |
|
|
750,000 |
|
|
1,550,000 |
|
|
9,492,248 |
|
|
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
|
|
—
|
|
|
(1,669,034 |
)
|
|
(329,167 |
)
|
|
(340,139 |
)
|
|
(2,338,340 |
)
|
|
At December 31, 2022
|
|
14,715,529 |
|
|
3,170,966 |
|
|
420,833 |
|
|
1,209,861 |
|
|
19,517,189 |
|
|
Accumulated amortization
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
At December 31, 2020
|
|
8,176,688 |
|
|
—
|
|
|
—
|
|
|
—
|
|
|
8,176,688 |
|
|
Amortization
|
|
1,405,667 |
|
|
345,714 |
|
|
—
|
|
|
258,333 |
|
|
2,009,714 |
|
|
At December 31, 2021
|
|
9,582,355 |
|
|
345,714 |
|
|
—
|
|
|
258,333 |
|
|
10,186,402 |
|
|
Amortization
|
|
1,729,326 |
|
|
691,430 |
|
|
—
|
|
|
516,667 |
|
|
2,937,423 |
|
|
At December 31, 2022
|
|
11,311,681 |
|
|
1,037,144 |
|
|
—
|
|
|
775,000 |
|
|
13,123,825 |
|
|
Carrying amounts
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
At December 31, 2020
|
|
1,737,416 |
|
|
—
|
|
|
—
|
|
|
—
|
|
|
1,737,416 |
|
|
At December 31, 2021
|
|
2,636,553 |
|
|
4,494,286 |
|
|
750,000 |
|
|
1,291,667 |
|
|
9,172,506 |
|
|
At December 31, 2022
|
|
3,403,848 |
|
|
2,133,822 |
|
|
420,833 |
|
|
434,861 |
|
|
6,393,364 |
|
|