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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets are comprised of the following:

 

    December 31,
2019
    December 31,
2018
 
Developed technology   $ 7,000,000     $ 7,000,000  
Customer contracts     6,400,000       6,400,000  
Trademarks     1,500,000       1,500,000  
      14,900,000       14,900,000  
Accumulated amortization     (12,913,889 )     (11,213,889 )
    $ 1,986,111     $ 3,686,111  

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of December 31, 2019, the Company will recognize the following amortization expense for the respective periods ending December 31 noted below:

 

  2020     $ 1,166,667  
  2021       583,333  
  2022       166,667  
  2023       69,444  
  Total     $ 1,986,111