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INTANGIBLE ASSETS, NET
12 Months Ended
Dec. 31, 2022
INTANGIBLE ASSETS, NET  
INTANGIBLE ASSETS, NET

NOTE 7 – INTANGIBLE ASSETS, NET

 

www.LiftedMade.com Website

 

The cost of developing Lifted’s website, www.LiftedMade.com, which has been superseded by www.Urb.shop, is being amortized over 32 months, and $1,386 and $1,668 in amortization related to the website was recognized during the years ended December 31, 2022 and 2021, respectively. $1,390 in amortization related to the website was reported for the 2020 Stub Year. The Company reported net intangible assets of $0, $1,386 and $3,054 as of December 31, 2022, December 31, 2021 and December 31, 2020, respectively.