General form of registration statement for all companies including face-amount certificate companies

INTANGIBLE ASSETS

v3.19.1
INTANGIBLE ASSETS
 3 Months Ended 12 Months Ended
Mar. 31, 2019
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]    
INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

 

Our intangible assets include patent costs totaling $86,796 less amortization of patent costs of $310 at March 31, 2019. Our intangible assets include patent costs totaling $53,482 less amortization of patent costs of $194 at December 31, 2018.

 

Estimated amortization expense for the next five years for the patent cost currently being amortized is as follows:

 

Year Ending
December 31, 		  Estimated
Amortization 		 
2019(9 months)   $ 349  
2020   $ 465  
2021   $ 465  
2022   $ 465  
2023   $ 465  

NOTE 5 – INTANGIBLE ASSETS

 

Our intangible assets include patent costs totaling $53,482 less amortization of patent costs of $194 at December 31, 2018. We had no capitalized patent costs at December 31, 2017.