Intangible Assets

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

3. INTANGIBLE ASSETS

The changes in the carrying amount of intangible assets for the six months ended June 30, 2020 were as follows:

Net balance at December 31, 2019	$	174,237
Addition: Acquisition of software license		400,000
Deduction: Amortization expense		(39,156	)
Net balance at June 30, 2020	$	535,081

The following summarizes amortization of intangible assets included in the accompanying statements of operations:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Cost of sales	$	23,676	$	32,374	$	34,019	$	64,748
General and administrative		2,569		6,877		5,137		13,755
	$	26,245	$	39,251	$	39,156	$	78,503