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INTANGIBLE ASSETS
3 Months Ended
Mar. 31, 2019
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]

NOTE 8.   INTANGIBLE ASSETS


Intangible assets consisted of the following:


March 31, 2019

 

Gross

 

Accumulated Amortization

 

Net

 

Estimated Life

(in years)

MHPS Customer relationships

$

100,000

$

85,074

$

14,926

 

2

MHPS Tradename

 

55,000

 

46,791

 

8,209

 

2

  Intangible assets, net

$

155,000

$

131,865

$

23,135

 

 


December 31, 2018

 

Gross

 

Accumulated Amortization

 

Net

 

Estimated Life

(in years)

MHPS Customer relationships

$

100,000

$

72,744

$

27,256

 

2

MHPS Tradename

 

55,000

 

40,009

 

14,991

 

2

  Intangible assets, net

$

155,000

$

112,753

$

42,247

 

 


Amortization expense was $19,112 and $19,112, respectively, for the three months ended March 31, 2019 and 2018.  Future amortization expense will be $23,135 during the year ending December 31, 2019.