Intangible Assets, Net
|9 Months Ended|
Sep. 30, 2020
|Goodwill and Intangible Assets Disclosure [Abstract]|
|Intangible Assets, Net||
6. INTANGIBLE ASSETS, NET
A roll-forward of goodwill is as follows:
OTHER INTANGIBLE ASSETS
Franchise and trademark/tradename intangible assets consist of the following at September 30, 2020 and December 31, 2019:
Based on an analysis of the recoverability of the carrying value as of September 30, 2020, an impairment charge of $246,751 was recorded during the three and nine month periods ended September 30, 2020 relating to trademarks/tradenames for BRG: The Burger Joint. No other intangible assets were impaired as of September 30, 2020.
The entire disclosure for goodwill and intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef