Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS AND GOODWILL (Tables)

v3.20.1
INTANGIBLE ASSETS AND GOODWILL (Tables)
 3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets

Intangible assets consisted of the following as of:

 

    Estimated Life   March 31, 2020   December 31, 2019
             
Trademarks   3.3 – 4.5 years   $ 260,000     $ 260,000  
Accumulated amortization         (219,030 )     (209,575 )
Total       $ 40,970     $ 50,425  
Future amortization expense related to intangible assets

Future amortization expense related to intangible assets are approximately as follows: 

 

    Intangible Assets
  2020     $ 28,364  
  2021       12,606  
        $ 40,970