XML 21 R12.htm IDEA: XBRL DOCUMENT v3.22.1
Intangible Assets
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

 

As of March 31, 2022 and December 31, 202, intangible assets consisted of the following:

 

   Useful life  March 31,
2022
   December 31,
2021
 
            
Other intangible assets  3 - 5 years   843,324    843,703 
Less: accumulated amortization      (822,519)   (812,199)
      $20,805   $31,504 

 

Annual amortization of intangible assets attributable to future periods is as follows:

 

Year ending March 31:  Amount 
2022   17,833 
2023   2,972 
   $20,805 

 

For the three months ended March 31, 2022 and 2021, amortization of intangible assets amounted to $10,648 and $24,537, respectively.