XML 37 R26.htm IDEA: XBRL DOCUMENT v3.20.2
INTANGIBLE ASSETS, NET (OTHER THAN GOODWILL) (Tables)
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets, net (other than goodwill)

       Acquired
and
             
   Customer   Developed   Intellectual   Patents     
   Relationships   Software   Property   Pending   Total 
                     
Useful Lives   10 Years    5 Years    10 Years    N/A      
                          
Carrying Value at December 31, 2019  $970,019   $3,651,924   $862,792   $108,877   $5,593,612 
Additions   -    327,020    -    6,228    333,248 
Amortization   (119,037)   (653,007)   (111,288)   -    (883,332)
Carrying Value at September 30, 2020  $850,982   $3,325,937   $751,504   $115,105   $5,043,529 

 

       Acquired
and
             
   Customer   Developed   Intellectual   Patents     
   Relationships   Software   Property   Pending   Total 
Cost  $1,587,159   $4,398,573   $1,498,363   $115,105   $7,613,287 
Accumulated amortization   (736,177)   (1,072,632)   (746,862)   -    (2,569,759)
Carrying Value at September 30, 2020  $850,982   $3,325,941   $751,501   $115,105   $5,043,529 
Schedule of future amortization expense of intangible assets

Fiscal Year Ending December 31,    
Remainder of 2020  $306,037 
2021   1,224,146 
2022   1,130,814 
2023   1,079,825 
2024   856,323 
Thereafter   446,384 
   $5,043,529