Note 13. Intangible Assets, net - Provisional

Intangible assets, net consisted of the following:

Amortization of customer contracts is included in depreciation and amortization in the accompanying Condensed Consolidated Statements of Comprehensive Income (Loss). For the nine months ended September 30, 2023 and 2022, the Company recognized amortization expense of approximately $0.7 million and $18,750, respectively. Future amortization of intangible assets is as follows:

The increase in intangible assets was attributable to the consolidation of Progressive Care as of  July 1, 2023.