Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.21.1
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets were comprised of the following:

 

    March 31, 2021 (Unaudited)  
    Gross carrying amount     Accumulated amortization     Net carrying value  
                   
Goodwill   $ 277,800     $ -     $ 277,800  
Customer list     42,500       (42,500 )     -  
Technology     1,021,900       (860,400 )     161,500  
Trade name     54,900       (54,900 )     -  
    $ 1,397,100     $ (957,800 )   $ 439,300  

 

    December 31, 2020
    Gross carrying amount     Accumulated amortization     Net carrying value  
                     
Goodwill   $ 277,800     $ -     $ 277,800  
Customer list     42,500       (42,500 )     -  
Technology     1,021,900       (852,400 )     169,500  
Trade name     54,900       (54,900 )     -  
    $ 1,397,100     $ (949,800 )   $ 447,300