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Intangible Assets
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 5 –INTANGIBLE ASSETS

 

As of June 30, 2022 and December 31, 2021, intangible assets consisted of the following:

 

   Useful life  June 30,
2022
   December 31,
2021
 
            
Other intangible assets  3 - 5 years   843,141    843,703 
Less: accumulated amortization      (826,827)   (812,199)
      $16,314   $31,504 

 

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

 

Year ending June 30:  Amount 
2022   16,314 
2023   
-
 
   $16,314 

 

For the three months ended June 30, 2022 and 2021, amortization of intangible assets amounted to $4,476 and $24,538, respectively.

 

For the six months ended June 30, 2022 and 2021, amortization of intangible assets amounted to $15,124 and $49,075, respectively.