Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS

v3.20.1
INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

 

Our intangible assets include patent costs totaling $127,593 less amortization of patent costs of $1,249 at December 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  
2020     $ 1,252  
2021     $ 1,252  
2022     $ 1,252  
2023     $ 1,252  
2024     $ 1,252