Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS (Tables)

v3.23.1
INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS

Intangible assets were comprised of the following:

 

    December 31, 2022  
    Gross carrying amount     Accumulated amortization     Impairment     Net carrying value  
                         
Goodwill   $ 277,800     $ -     $ (277,800 )   $ -  
Customer list     42,500       (42,500 )     -       -  
Technology     875,900       (813,300 )     (41,900 )     20,700  
Trade name     54,900       (54,900 )     -       -  
    $ 1,251,100     $ (910,700 )   $ (319,700 )   $ 20,700  

 

    December 31, 2021  
    Gross carrying amount     Accumulated amortization     Impairment     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