Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS

v3.20.1
INTANGIBLE ASSETS
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS


Our intangible assets include patent costs totaling $152,092 less accumulated amortization of patent costs of $1,889 at March 31, 2020. Our intangible assets include patent costs totaling $127,593 less accumulated amortization of patent costs of $1,249 at December 31, 2019.


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


Year Ending December 31,   Estimated Amortization  
2020 (9 months)   $ 1,920  
2021   $ 2,560  
2022   $ 2,560  
2023   $ 2,560  
2024   $ 2,560