Company: MFON
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001641172-25-002942
Chunk: 173

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 1
Chunk 173
---
 
  
    Customer and merchant relationships 
     545,533  
     (545,533) 
     —  
     10  
     545,533  
     (539,395) 
     6,138  
     10 
  
    Trade name 
     32,393  
     (32,393) 
     —  
     10  
     32,393  
     (30,784) 
     1,609  
     10 
  
    Acquired technology 
     112,191  
     (112,191) 
     —  
     10  
     112,191  
     (112,191)
     —  
     10 
  
    Non-compete agreement 
     29,212  
     (29,212) 
     —  
     10  
     29,212  
     (29,212) 
     —  
     10 

    $791,992  
    $(736,303) 
    $55,689  
        
    $783,224  
    $(721,814) 
    $61,410  

    -30-

During the twelve months ended December 31, 2024 we
recorded additional amortizable expense of $8,768 for patents and trademarks compared to $0 in 2023.

During
the years ended December 31, 2024 and 2023, we recorded amortization expense related to our intangible assets of $14,489 and $36,327,
respectively, which is included in depreciation and amortization in the consolidated statement of operations.

During
the years ended December 31, 2024 and 2023, we recorded impairment of $0 and $0 respectively related to our intangible assets.

The
estimated future amortization expense of our intangible assets as of December 31, 2024 was as follows:

Schedule of Finite Lived Intangible Assets Future Amortization Expense 

    Year ending December 31, 
    Amount 
  
    2025 
    $7,246 
  
    2026 
     7,246 
  
    2027 
     7,246 
  
    2028 
     7,246 
  
    2029 
     7