Other Assets

3 Months Ended

Mar. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Assets

8. Other Assets

Other assets consist of the following:

	March 31, 2020			December 31, 2019
Product branding	$	869,000		$	809,000
Notes receivable		450,000			450,000
Deposits		42,687			42,687
Total other assets		1,361,687			1,301,687
Less accumulated amortization		(157,856	)		(136,106	)
Other assets - net	$	1,203,831		$	1,165,581

As of March 31, 2020, the Company had $0.9 million of capitalized costs related to services provided for the rebranding of its existing product line and branding of new product lines. This amount is being amortized over a seven-year life. The deposits represent office lease deposits.

As of March 31, 2020, the Company had notes receivable from Wineonline.com for $450,000 which mature on August 25, 2020. The interest rate on these notes is 5% and will be payable at maturity. The Company is currently in discussion with Wineonline.com to determine collectability.

Amortization expense totaled $0.02 million and $0.01 million for the three months ended March 31, 2020 and March 31, 2019, respectively.