Fathom Holdings Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2020

Intangible Assets, Net

Schedule of components of intangible assets, net

Intangible assets, net consisted of the following at the dates indicated:


		December 31, 2020
		Gross
		Carrying						Accumulated			Net Carrying
		Amount			Additions			Amortization			Value
Trade names		$	—		$	166,000		$	(1,383)		$	164,617
Software development			499,300			391,948			(163,718)			727,530
Other			—			30,000			—			30,000
		$	499,300		$	587,948		$	(165,101)		$	922,147


		December 31, 2019
		Gross
		Carrying						Accumulated			Net Carrying
		Amount			Additions			Amortization			Value
Software development		$	167,820		$	331,480		$	(34,458)		$	464,842
		$	167,820		$	331,480		$	(34,458)		$	464,842

Schedule of estimated future amortization expense for definite-lived intangible assets

As of December 31, 2020 the estimated future amortization expense for definite-lived intangible assets will be:


Years Ended December 31,
2021		$	204,850
2022			204,850
2023			204,850
2024			194,850
2025 and thereafter			112,747
Total			922,147