INTELLECTUAL PROPERTY

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

INTELLECTUAL PROPERTY

NOTE 4: INTELLECTUAL PROPERTY

The following table summarizes the components of the Company’s intellectual property as of the dates presented:

	March 31,			December 31,
	2022			2021
Intellectual property:
Word press GDPR rights	$	46,800		$	46,800
ARALOC™		1,850,000			1,850,000
ArcMail License		1,445,000			1,445,000
DataExpressTM		1,388,051			1,388,051
FileFacetsTM		135,000			135,000
IntellyWP™		60,000			60,000
Resilient Network Systems		305,000			305,000
		5,229,851			5,229,851
Accumulated amortization		(4,190,304	)		(3,960,032	)
Intellectual property, net of accumulated amortization	$	1,039,547		$	1,269,819

The Company recognized amortization expense of $230,272 and $241,522 for the three months ended March 31, 2022, and 2021, respectively.

Based on the carrying value of definite-lived intangible assets as of March 31, 2022, we estimate our amortization expense for the next five years will be as follows:

	Amortization
Year Ended December 31,	Expense
2022 (excluding the three months ended March 31, 2022)	$	585,212
2023		411,585
2024		27,000
Thereafter		15,750
	$	1,039,547