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Intangible Assets
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

NOTE 5 – INTANGIBLE ASSETS

 

On October 2, 2020, the Company purchased skincare assets for an aggregate of $1,944,689 in stock and cash, as follows:

 

Cash   $ 44,143  
Common stock     1,900,546  
Total   $ 1,944,689  

 

The Company recorded the skincare assets as a definite lived intangible asset with a four year useful life.

 

As of December 31, 2020, the Company’s intangible assets consisted of:

 

    Gross
Carrying
Amount
    Accumulated
Amortization
    Net  
                         
Skincare Assets and License Agreements   $ 1,944,689     $ (126,968 )   $ 1,817,721