Intangible Assets and Goodwill

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Goodwill

7. Intangible Assets and Goodwill

Intangible assets and goodwill at December 31, 2019 and December 31, 2018 consisted of the following:

	December 31, 2019			December 31, 2018
Permits and licenses	$	25,000		$	25,000
Azuñia brand		11,945,066			-
Customer lists		3,246,748			351,430
Goodwill		28,182			28,182
Total intangible assets and goodwill		15,244,996			404,612
Less accumulated amortization		(542,024	)		(90,754	)
Intangible assets and goodwill - net	$	14,702,972			313,858

Amortization expense totaled $0.4 million and $0.1 million for the years ended December 31, 2019 and 2018, respectively. The permits and license, Azuñia brand and goodwill have all been determined to have indefinite life and will not be amortized. The customer list is being amortized over a seven-year life.