Intangible Assets

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE 5 –  INTANGIBLE ASSETS

At December 31, 2021 and 2020, intangible assets consisted of the following :

	Useful life	December 31, 2021			December 31, 2020
Apps and virtual technology	3 - 5 years	$	843,703		$	844,246
Goodwill	infinite		-			27,323
Less: accumulated amortization			(812,199	)		(714,832	)
		$	31,504		$	156,737

Amortization of intangible assets attributable to the next two years is as follows:

Year ending December 31:	Amount
2022	$	24,043
2023		7,461
	$	31,504

Amortization expense for the years ended December 31, 2021 and 2020 amounted to $98,149 and $202,992, respectively. Impairment loss for the years ended December 31, 2021 and 2020 amounted to $27,323 and $750,000 respectively.