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PATENT RIGHTS
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
PATENT RIGHTS

Note 3 — Patent Rights

 

    As to March 31,     As of December 31,  
    2018     2017  
      (unaudited)          
Gross carrying amount   $ 1,253,018     $ 1,253,018  
Less accumulated amortization     (746,992 )     (722,895 )
Patent Rights, Net     506,026       530,123  

 

Amortization expense was approximately $24,000 for the three months ended March 31, 2018 and 2017. As of March 31, 2018, future remaining amortization expense is as follows:

 

Year        
2018 (April 1 – December 31, 2018)     $ 72,280  
2019       96,386  
2020       96,386  
2021       96,386  
2022       96,386  
Thereafter       48,202  
Total     $ 506,026