The Joint Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Intangible Assets (Tables)

Note 8 - Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2018

Notes Tables

Schedule of Intangible Assets and Goodwill [Table Text Block]

		As of September 30, 2018
		Gross Carrying				Accumulated				Net Carrying
		Amount				Amortization				Value
Amortized intangible assets:
Reacquired franchise rights		$	1,758,000			$	854,011			$	903,989
Customer relationships			745,000				711,999				33,001
Reacquired development rights			1,413,316				584,984				828,332
		$	3,916,316			$	2,150,994			$	1,765,322

		As of December 31, 2017
		Gross Carrying				Accumulated				Net Carrying
		Amount				Amortization				Value
Amortized intangible assets:
Reacquired franchise rights		$	1,673,000			$	657,943			$	1,015,057
Customer relationships			701,000				674,667				26,333
Reacquired development rights			1,162,000				443,348				718,652
		$	3,536,000			$	1,775,958			$	1,760,042

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

2018 (remainder)		$	131,262
2019			525,048
2020			508,551
2021			437,830
2022			150,418
Thereafter			12,213
Total		$	1,765,322