INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

Intangible assets as of March 31, 2021 and December 31, 2020 consists of the following:

	March 31,			December 31,
	2021			2020
Intangible assets subject to amortization
Customer Relationship	$	539,000		$	—
Trade Names		1,156,000			—
Technology		3,468,000			—
		5,163,000			—
Less: Accumulated Depreciation		(89,900	)		—
	$	5,073,100		$	—

During the three months ended March 31, 2021 and 2020, the Company recorded total amortization expense related to intangible assets of $89,900 and $0, respectively. The useful lives of tradenames and technology is 10 years and the useful life of customer relationships is 7 years.