NOTE 5 – INTANGIBLE ASSETS

At June 30, 2020, our intangible assets included patent costs and license costs totaling $152,092 and $275,243, respectively, less accumulated amortization of patent costs and license costs of $2,529 and $5,184, respectively. At December 31, 2019, our intangible assets include patent costs totaling $127,593 less accumulated amortization of patent costs of $1,249.

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