Annual report pursuant to Section 13 and 15(d)

Goodwill and Purchased Intangibles (Tables)

v3.22.1
Goodwill and Purchased Intangibles (Tables)
 12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets [Abstract]  
Goodwill The following table presents goodwill and impairment for the years ended December 31, 2021 and 2020: GoodwillDecember 31, 2019$ 496,352Acquired —Impairment —December 31, 2020 496,352Acquired —Impairment (85,169)December 31, 2021$ 411,183
Intangible Assets The following table presents components of identifiable intangible assets for the years ended December 31, 2021 and 2020: December 31, 2021 December 31, 2020 Gross‎Carrying‎Amount Accumulated‎Amortization Net Carrying‎Amount Weighted‎Average‎Useful‎Life‎(Years) Gross‎Carrying‎Amount Accumulated‎Amortization Net Carrying‎Amount Weighted‎Average‎Useful‎Life‎(Years)Patents and trademarks$ 105,543 $ (47,948) $ 57,595 14 $ 197,528 $ (126,499) $ 71,029 14Customer and merchant‎relationships 2,321,112 (1,775,579) 545,533 10 2,321,112 (1,678,727) 642,385 10Trade name 197,955 (165,562) 32,393 10 197,950 (156,506) 41,444 10Acquired technology 621,030 (508,839) 112,191 10 621,030 (492,539) 128,491 10Non-compete agreement 79,300 (50,088) 29,212 2 79,300 (34,228) 45,072 2 $ 3,324,940 $ (2,548,017) $ 776,924 $ 3,416,920 $ (2,488,499) $ 928,421
Future Amortization Intangible Assets Expected future intangible asset amortization as of December 31, 2021 is as follows: Year ending December 31,Amount2022$ 142,9452023 140,4352024 103,8392025 96,0912025 96,091Thereafter 197,523Total$ 776,924