The Joint Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 8 - Intangible Assets (Tables)

Note 8 - Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

Schedule of Intangible Assets and Goodwill [Table Text Block]

		As of December 31, 2018
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Value
Amortized intangible assets:
Reacquired franchise rights		$	1,758,000			$	921,138			$	836,862
Customer relationships			745,000				717,498				27,502
Reacquired development rights			1,413,316				643,620				769,696
		$	3,916,316			$	2,282,256			$	1,634,060

		As of December 31, 2017
		Gross Carrying Amount				Accumulated Amortization				Net Carrying 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]

2019		$	525,048
2020			508,558
2021			437,830
2022			150,411
2023			12,213
Thereafter			–
Total		$	1,634,060