INTANGIBLE ASSETS AND OTHER ASSETS

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS AND OTHER ASSETS

NOTE 7 – INTANGIBLE ASSETS AND OTHER ASSETS

Intangible assets at June 30, 2022 and December 31, 2021 consisted of the following:

	Useful Life (yr)	June 30, 2022			December 31, 2021
Domain Names	7	$	21,000		$	21,000
Trademarks and copyrights	5		1,493,000			-
Intellectual Property, Patents	N/A		8,131,000			-
Less: accumulated amortization			(71,000	)		(21,000	)
Intangible Asset, net		$	9,574,000		$	-

The trade-marks, copyrights and other intellectual property were acquired as part of the asset acquisition transaction with JanOne, as disclosed in Note 3.

At June 30, 2022 and December 31, 2021 other assets consisted of $1,000. Other assets generally consist of security deposits for the Premier Workspace.