XML 102 R13.htm IDEA: XBRL DOCUMENT v3.21.1
INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2020
INTANGIBLE ASSETS  
7- INTANGIBLE ASSETS

Intangible assets, net, consisted of the following:

 

 

 

December 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Distribution software

 

$

37,906

 

 

$

-

 

Patents acquired from related party (Note 11)

 

 

21,239

 

 

 

-

 

Total intangible assets

 

 

59,145

 

 

 

-

 

Less: Accumulated amortization

 

 

(4,233

)

 

 

-

 

Intangible assets, net

 

$

54,912

 

 

$

-

 

 

For the years ended December 31, 2020 and 2019, amortization of intangible assets expense was $4,096 and $0, respectively.

 

At December 31, 2020, the expected future amortization of intangible assets expense was:

 

Year ending December 31, 2021

 

 

8,632

 

Year ending December 31, 2022

 

 

8,632

 

Year ending December 31, 2023

 

 

8,632

 

Year ending December 31, 2024

 

 

8,632

 

Year ending December 31, 2025

 

 

4,846

 

Thereafter

 

 

15,538

 

Total

 

$

54,912