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INTANGIBLE ASSETS, NET (OTHER THAN GOODWILL) (Tables)
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets, net (other than goodwill)

The following is a summary of activity related to intangible assets for the six months ended June 30, 2019:

 

          Acquired and                          
    Customer     Developed     Intellectual           Patents        
    Relationships     Software     Property     Non-Compete     Pending     Total  
                                     
Useful Lives     10 Years       5 Years       10 Years       10 Years       N/A          
                                                 
Carrying Value at December 31, 2018   $ 1,128,734     $ 908,893     $ 1,191,942     $ 2,433     $ 78,182     $ 3,310,184  
Additions             764,739                       6,167       770,906  
Amortization     (79,358 )     (114,655 )     (87,264 )     (1,217 )           (282,493 )
Carrying Value at June 30,2019   $ 1,049,376     $ 1,558,977     $ 1,104,678     $ 1,216     $ 84,349     $ 3,798,597  

 

The following is a summary of intangible assets as of June 30, 2019:

 

          Acquired and                          
    Customer     Developed     Intellectual           Patents        
    Relationships     Software     Property     Non-Compete     Pending     Total  
Cost   $ 1,587,159     $ 1,724,621     $ 1,759,809     $ 14,087     $ 84,349     $ 5,170,025  
Accumulated amortization     (537,782 )     (165,644 )     (655,131 )     (12,871 )           (1,371,428 )
Carrying Value at June 30,2019   $ 1,049,377     $ 1,558,977     $ 1,104,678     $ 1,216     $ 84,349     $ 3,798,597  
Schedule of future amortization expense of intangible assets

Future expected amortization of intangible assets is as follows:

 

Fiscal Year Ending December 31,      
Remainder of 2019   $ 358,948  
2020     715,502  
2021     715,502  
2022     622,168  
2023     571,180  
Thereafter     815,297  
    $ 3,798,597