Annual report pursuant to Section 13 and 15(d)

Intangible Assets

v3.21.1
Intangible Assets
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

Note 5 – Intangible Assets


Intangible assets consist of the following:


    As of December 31,  
    2020     2019  
Intangible assets: patents   $ 21,604     $ 21,604  
Less: amortization     (3,529 )     (2,450 )
Total intangible assets, net   $ 18,075     $ 19,154  

Amortization expense for each of the years ended December 31, 2020 and 2019 was $1,079.


The Company will recognize intangible amortization expense of $1,079 in each of the next five years. Thereafter, amortization expense will total $12,680.