Annual report pursuant to Section 13 and 15(d)

Intangible Assets

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Intangible Assets
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

Note 5 - Intangible Assets

 

Intangible assets consist of the following:

 

    As of December 31,  
    2019     2018  
Intangible assets: patents   $ 21,604     $ 21,604  
Less: amortization     (2,450 )     (1,371 )
Total intangible assets, net   $ 19,154     $ 20,233  

 

Amortization expense for each of the years ended December 31, 2019 and 2018 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 $13,759.