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INTANGIBLE ASSETS
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]    
INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

 

Intangible assets consisted of the following as of:

 

   Estimated life 

March 31,

2022

  

December 31,

2021

 
Website  3 years  $10,799   $10,799 
Accumulated amortization      (5,999)   (5,099)
 Intangible assets, net     $4,800   $5,700 

 

As of March 31, 2022, estimated future amortization expenses related to intangible assets were as follows:

 

   Intangible Assets 
2022 (remaining 9 months)  $2,100 
2023   2,100 
Intangible assets, net  $4,800 

 

The Company had amortization expense of $900 and $10,354 for the three months ended March 31, 2022 and 2021, respectively.

 

On January 8, 2020, James Joyce, the Company’s CEO and Craig Roberts, the Company’s CTO, assigned to the Company the rights to patent 62/881,740 pertaining to the devices, systems and methods for the broad-spectrum reduction of pro-inflammatory cytokines in blood.

 

 

NOTE 5 – INTANGIBLE ASSETS

 

Intangible assets consisted of the following as of:

 

   Estimated life  December 31, 2021   December 31, 2020 
Trademarks  3 years  $-   $22,060 
Website  3 years   10,799    10,799 
Accumulated amortization      (5,099)   (10,954)
      $5,700   $21,905 

 

As of December 31, 2021, estimated future amortization expenses related to intangible assets were as follows:

 

   Intangible Assets 
2022  $3,600 
2023   2,100 
Total  $5,700 

 

The Company had amortization expense of $16,205 and $10,954 for the years ended December 31, 2021 and 2020, respectively.

 

On January 8, 2020, James Joyce, the Company’s CEO and Craig Roberts, the Company’s COO, assigned to the Company the rights to patent 62/881,740 pertaining to the devices, systems and methods for the broad-spectrum reduction of pro-inflammatory cytokines in blood.