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INTANGIBLE ASSETS, NET
3 Months Ended
Mar. 31, 2019
Intangible Assets Net  
INTANGIBLE ASSETS, NET

6. INTANGIBLE ASSETS, NET

 

At March 31, 2019 and December 31, 2018 intangible assets consist of:

 

    March 31,     December 31,  
    2019     2018  
Trade name and trademark   $ 1,562,332     $ 1,562,332  
Customer list     2,434,448       2,388,139  
Non-competition agreements     150,000       150,000  
Domain name and other intangible assets     782,381       762,807  
      4,929,161       4,863,278  
Accumulated depreciation and amortization     (676,707 )     (503,480 )
Intangible assets, net   $ 4,252,454     $ 4,359,798  

 

The Company’s trade names and trademarks were determined to have an indefinite life. The remaining definite lived intangible assets are primarily being amortized on a straight-line basis over their estimated useful lives. Amortization expense was $162,415 and $33,358 for the three months ended March 31, 2019 and 2018, respectively.