Goodwill and Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes to Goodwill

The following table sets for the changes in the carrying amount of the Company’ Goodwill for the quarter ended September 30, 2021

	2021
Balance, January 1	$	-
Acquisitions of Submersible Systems, Inc.		185,264
Balance, September 30	$	185,264

Summary of Intangible Assets

The following table sets for the components of the Company’s intangible assets at September 30, 2021:

	Amortization Period (Years)		Cost		Accumulated Amortization			Net Book Value
Intangible Assets Subject to amortization
Trademarks		15	$	121,000	$	(672	)	$	120,328
Customer Relationships		10		672,000		(5,600	)		666,400
Non-Compete Agreements		5		22,000		(367	)		21,633
Total			$	815,000	$	(6,639	)	$	808,361

Schedule of Estimated Intangible Assets Amortization Expenses

The aggregate amortization remaining on the intangible assets as of September 30, 2021 is a follows:

	Intangible Amortization
2021 (3 Months)	$	19,917
2021		79,667
2022		79,667
2023		79,667
2024		79,667
Thereafter		469,776
Total	$	808,361