Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.20.2
Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets were comprised of the following:

 

    September 30, 2020  
    Gross carrying amount     Accumulated amortization     Net carrying value  
                   
Goodwill   $ 277,800     $ -     $ 277,800  
Customer list     42,500       (42,500 )     -  
Technology     1,021,900       (844,300 )     177,600  
Trade name     54,900       (54,900 )     -  
    $ 1,397,100     $ (941,700 )   $ 455,400  

 

    December 31, 2019  
    Gross carrying amount     Accumulated amortization     Net carrying value  
                   
Goodwill   $ 277,800     $ -     $ 277,800  
Customer list     42,500       (42,500 )     -  
Technology     1,021,900       (820,200 )     201,700  
Trade name     54,900       (54,900 )     -  
    $ 1,397,100     $ (917,600 )   $ 479,500