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INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2018
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]

NOTE 7.   INTANGIBLE ASSETS


Intangible Assets


Intangible assets consisted of the following:


December 31, 2018

 

Gross

 

Accumulated Amortization

 

Net

 

Estimated Life

(in years)

MHPS Customer relationships

$

100,000

$

72,744

$

27,256

 

2

MHPS Tradename

 

55,000

 

40,009

 

14,991

 

2

   Intangible assets, net

$

155,000

$

112,753

$

42,247

 

 


December 31, 2017

 

Gross

 

Accumulated Amortization

 

Net

 

Estimated Life

(in years)

MHPS Customer relationships

$

100,000

$

22,739

$

77,261

 

2

MHPS Tradename

 

55,000

 

12,507

 

42,493

 

2

   Intangible assets, net

$

155,000

$

35,246

$

119,754

 

 


Amortization expense was $77,507 and $60,629 for the years ended December 31, 2018 and 2017.  Future amortization expense will be $42,247 during the year ending December 31, 2019.