Super League Enterprise, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Intangible and Other Assets

Note 3 - Intangible and Other Assets

3 Months Ended

Mar. 31, 2022

Intangible Assets Disclosure [Text Block]

3.	INTANGIBLE AND OTHER ASSETS

Intangible and other assets consisted of the following for the periods presented:

	March 31,			December 31,
	2022			2021

Partner and customer relationships	$	13,376,000		$	13,376,000
Capitalized software development costs		4,636,000			4,339,000
Developed technology		7,880,000			7,880,000
Influencers/content creators		2,559,000			2,559,000
Trade name		189,000			189,000
Domain		68,000			68,000
Copyrights and other		1,188,000			1,141,000
		29,896,000			29,552,000
Less: accumulated amortization		(6,628,000	)		(5,309,000	)
Intangible and other assets, net	$	23,268,000		$	24,243,000

Amortization expense for the three months ended March 31, 2022 and 2021 totaled $1,301,000 and $242,000, respectively. Amortization expense included in cost of revenues for the three months ended March 31, 2022 and 2021 totaled $18,000 and $3,000, respectively.

The Company expects to record amortization of intangible assets for the year ending December 31, 2022 and future fiscal years as follows:

For the years ending December 31,
2022 Remaining	$	3,853,000
2023		4,847,000
2024		4,445,000
2025		3,922,000
2026		2,899,000
Thereafter		3,302,000
	$	23,268,000