INTANGIBLE ASSETS	9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 3 – INTANGIBLE ASSETS *Patents and Trademarks* As of September 2020, our patent and trademark portfolios consisted of eleven granted U.S. patents and one granted European patent validated in four countries, four pending U.S. and three foreign patent applications, six registered U.S. trademarks, six registered foreign registrations, including one each in Colombia, Europe, Japan, Mexico, and Singapore, and three pending U.S. and foreign trademark applications. In January 2020, the Company received a Notice of Allowance for the U.S. Patent Application for the dual code authentication process relating to the Company’s invisible QR code and smartphone reading system “Device and Method for Authentication.” The Company’s registered patents expire between the years 2021 and 2037. Costs associated with the registration and legal defense of the patents have been capitalized and are amortized on a straight-line basis over the estimated lives of the patents which were determined to be 17 to 19 years. During the nine months ended September 30, 2020 and 2019, the Company capitalized $51,988 and $36,953, respectively, of patent and trademarks costs. Amortization expense for patents and trademarks was $6,733 and $ 5,662 for the three months ended September 30, 2020 and 2019, respectively, and $20,368 and $17,297 for the nine months ended September 30, 2020 and 2019, respectively. *Capitalized Software* Costs incurred in connection with the development of software related to our proprietary digital products are accounted for in accordance with FASB ASC 985 “Costs of Software to Be Sold, Leased or Marketed.” Costs incurred prior to the establishment of technological feasibility are charged to research and development expense. Software development costs are capitalized after a product is determined to be technologically feasible and is in the process of being developed for market. Amortization of capitalized software costs begins once the product is available to the market. Capitalized software costs are amortized over the estimated life of the related product, generally five years, using the straight-line method. The Company will evaluate its software assets for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. During the nine months ended September 30, 2020 and 2019, the Company capitalized $0 and $71,425, respectively, related to software costs. Amortization expense for capitalized software was $5,011 and $0 for the three months ended September 30, 2020 and 2019, respectively, and $15,034 and $0 for the nine months ended September 30, 2020 and 2019, respectively, included in general and administrative expense in the accompanying Statements of Operations.

INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 3 – INTANGIBLE ASSETS

Patents and Trademarks

As of September 2020, our patent and trademark portfolios consisted of eleven granted U.S. patents and one granted European patent validated in four countries, four pending U.S. and three foreign patent applications, six registered U.S. trademarks, six registered foreign registrations, including one each in Colombia, Europe, Japan, Mexico, and Singapore, and three pending U.S. and foreign trademark applications. In January 2020, the Company received a Notice of Allowance for the U.S. Patent Application for the dual code authentication process relating to the Company’s invisible QR code and smartphone reading system “Device and Method for Authentication.” The Company’s registered patents expire between the years 2021 and 2037. Costs associated with the registration and legal defense of the patents have been capitalized and are amortized on a straight-line basis over the estimated lives of the patents which were determined to be 17 to 19 years. During the nine months ended September 30, 2020 and 2019, the Company capitalized $51,988 and $36,953, respectively, of patent and trademarks costs. Amortization expense for patents and trademarks was $6,733 and $ 5,662 for the three months ended September 30, 2020 and 2019, respectively, and $20,368 and $17,297 for the nine months ended September 30, 2020 and 2019, respectively.

Capitalized Software

Costs incurred in connection with the development of software related to our proprietary digital products are accounted for in accordance with FASB ASC 985 “Costs of Software to Be Sold, Leased or Marketed.” Costs incurred prior to the establishment of technological feasibility are charged to research and development expense. Software development costs are capitalized after a product is determined to be technologically feasible and is in the process of being developed for market. Amortization of capitalized software costs begins once the product is available to the market. Capitalized software costs are amortized over the estimated life of the related product, generally five years, using the straight-line method. The Company will evaluate its software assets for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. During the nine months ended September 30, 2020 and 2019, the Company capitalized $0 and $71,425, respectively, related to software costs. Amortization expense for capitalized software was $5,011 and $0 for the three months ended September 30, 2020 and 2019, respectively, and $15,034 and $0 for the nine months ended September 30, 2020 and 2019, respectively, included in general and administrative expense in the accompanying Statements of Operations.