XML 35 R24.htm IDEA: XBRL DOCUMENT v3.19.2
Intangible Assets, Net (Table)
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets

The following are the intangible assets at June 30, 2019 and December 31, 2018:

 

   June 30,  December 31,
   2019  2018
Technology  $1,240,000   $1,240,000 
Tradename   820,000    820,000 
Customer relationships   1,490,000    1,490,000 
    3,550,000    3,550,000 
Less accumulated amortization   (637,792)   (400,260)
Intangible assets, net  $2,912,208   $3,149,740 
Schedule of Intangible Assets, Future Amortization Expense

The estimated future amortization expense related to intangible assets is as follows:

 

Twelve months ending June 30,   
 2020   $479,000 
 2021    479,000 
 2022    479,000 
 2023    479,000 
 2024    479,000 
 Thereafter    517,208 
     $2,912,208