Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS (Tables)

v3.19.1
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets

Intangible assets were comprised of the following: 

 

    December 31, 2018  
   

Gross carrying

amount 

    Accumulated amortization    

Net carrying 

value

 
                   
Goodwill   $ 277,800           $ 277,800  
Customer list     42,500       (42,500 )      
Technology     1,021,900       (782,900 )     239,000  
Trade name     54,900       (54,900 )      
                         
    $ 1,397,100     $ (880,300 )   $ 516,800  

  

    December 31, 2017  
   

Gross carrying 

amount 

    Accumulated amortization    

Net carrying 

value 

 
                   
Goodwill   $ 277,800           $ 277,800  
Customer list     42,500       (42,500 )      
Technology     1,090,500       (745,200 )     345,300  
Trade name     54,900       (54,900 )      
                         
    $ 1,465,700     $ (842,600 )   $ 623,100