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PATENT RIGHTS
3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
PATENT RIGHTS

Note 3 — Patent Rights 

 

    As of March 31,     As of December 31,  
    2019     2018  
    (unaudited)          
Gross carrying amount   $ 1,253,018     $ 1,253,018  
Less accumulated amortization     (843,378 )     (819,281 )
Patent Rights, Net   $ 409,640     $ 433,737  

 

Amortization expense was approximately $24,000 for the three months ended March 31, 2019 and 2018. As of March 31, 2019, future remaining amortization expense is as follows:

 

Year      
2019 (April 1 – December 31, 2019)   $ 72,290  
2020     96,386  
2021     96,386  
2022     96,386  
2023     48,192  
Total   $ 409,640