Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v3.22.1
INTANGIBLE ASSETS (Tables)
 3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS

    Gross carrying amount     Accumulated amortization     Net carrying value  
    March 31, 2022  
    Gross carrying amount     Accumulated amortization     Net carrying value  
                   
Goodwill   $ 277,800     $ -     $ 277,800  
Customer list     42,500       (42,500 )     -  
Technology     1,021,900       (885,900 )     136,000  
Trade name     54,900       (54,900 )     -  
  $ 1,397,100     $ (983,300 )   $ 413,800  

 

    Gross carrying amount     Accumulated amortization     Net carrying value  
    December 31, 2021  
    Gross carrying amount     Accumulated amortization     Net carrying value  
                   
Goodwill   $ 277,800     $ -     $ 277,800  
Customer list     42,500       (42,500 )     -  
Technology     1,021,900       (880,400 )     141,500  
Trade name     54,900       (54,900 )     -  
  $ 1,397,100     $ (977,800 )   $ 419,300