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)

3 Months Ended

Mar. 31, 2019

Notes Tables

Schedule of Intangible Assets and Goodwill [Table Text Block]

		As of March 31, 2019
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Value
Amortized intangible assets:
Reacquired franchise rights		$	1,788,000			$	988,265			$	799,735
Customer relationships			777,000				722,997				54,003
Reacquired development rights			2,050,482				736,698				1,313,784
		$	4,615,482			$	2,447,960			$	2,167,522

		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

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

	2019 (remainder)		$	570,435
	2020			741,202
	2021			657,152
	2022			186,520
	2023			12,213
	Thereafter			-
	Total		$	2,167,522