INTANGIBLE ASSETS, NET

3 Months Ended

Mar. 31, 2019

Intangible Assets Net

INTANGIBLE ASSETS, NET

	March 31,			December 31,
	2019			2018
Patents	$	131,993		$	111,160
Trademarks		22,514			8,910
		154,507			120,070
Accumulated amortization		(1,539	)		(1,355	)
	$	152,968		$	118,715

The costs related to issued patents will be amortized using the straight-line method over the estimated remaining lives of issued patents which is 20 years from the initial filing. An impairment charge is recognized if the carrying amount is not recoverable and the carrying amount exceeds the fair value of the intangible assets as determined by projected discounted net future cash flows.

Amortization expense was $184 for the three months ended March 31, 2019. There was no amortization for the three months ended March 31, 2018.