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

NOTE 5 –INTANGIBLE ASSETS

 

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

 

   Useful life  September 30,
2022
   December 31,
2021
 
            
Other intangible assets  3 - 5 years   843,104    843,703 
Less: accumulated amortization      (831,245)   (812,199)
      $11,859   $31,504 

 

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

 

Year ending September 30:   Amount 
2022    11,859 
2023    
-
 
    $11,859 

 

For the three months ended September 30, 2022 and 2021, amortization of intangible assets amounted to $4,475 and $24,537, respectively.

 

For the nine months ended September 30, 2022 and 2021, amortization of intangible assets amounted to $19,599 and $73,612, respectively.