PATENT RIGHTS

9 Months Ended

Sep. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

PATENT RIGHTS

Note 3 — Patent Rights

	As of September 30,			As of December 31,
	2018			2017
	(unaudited)
Gross carrying amount	$	1,253,018		$	1,253,018
Less accumulated amortization		(795,185	)		(722,895	)
Patent Rights, Net		457,833			530,123

Amortization expense was approximately $24,000 for the three months ended September 30, 2018 and 2017, and approximately $72,000 for the nine months ended September 30, 2018 and 2017. As of June 30, 2018, future remaining amortization expense is as follows:

Year
2018 (October 1 – December 31, 2018)	$	24,096
2019		96,386
2020		96,386
2021		96,386
2022		96,386
Thereafter		48,193
Total	$	457,833