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Intangible and other long-term assets (Tables) | 12 Months Ended
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Dec. 31, 2020
Disclosure of detailed information about intangible assets [abstract] |
Schedule of Balances | The balances as of December 31, 2020 and 2019 are as follows:
| 2 0 2 0 |  | Amortization period (years)
Assets | Original Value |  | Accumulated amortization |  | Net |
Republic trade mark | $ | 107,380 |  | $ | - |  | $ | 107,380 |  | *
Kobe Tech contract |  | 125,141 |  |  | 125,141 |  |  | 0 |  | 12
Customers list |  | 65,550 |  |  | 65,550 |  |  | 0 |  | 20
Total from Republic (1) |  | 298,071 |  |  | 190,691 |  |  | 107,380 |  |
Customers list |  | 2,205,700 |  |  | 2,205,700 |  |  | 0 |  | 9
San 42 trademark (2) |  | 329,600 |  |  | - |  |  | 329,600 |  | *
Goodwill (2) |  | 1,814,160 |  |  | - |  |  | 1,814,160 |  | *
Total from Grupo San (3) |  | 4,349,460 |  |  | 2,205,700 |  |  | 2,143,760 |  |
|  | 4,647,531 |  |  | 2,396,391 |  |  | 2,251,140 |  |
Other assets |  | 71,816 |  |  | - |  |  | 71,816 |  |
| $ | 4,719,347 |  | $ | 2,396,391 |  | $ | 2,322,956 |  |
| 2 0 1 9 |  | Amortization period (years)
Assets | Original Value |  | Accumulated amortization |  | Net |
Republic trade mark | $ | 101,657 |  | $ | - |  | $ | 101,657 |  | *
Kobe Tech contract |  | 118,471 |  |  | 118,471 |  |  | - |  | 12
Customers list |  | 62,056 |  |  | 47,378 |  |  | 14,678 |  | 20
Total from Republic (1) |  | 282,184 |  |  | 165,849 |  |  | 116,335 |  |
Customers list |  | 2,205,700 |  |  | 2,205,700 |  |  | - |  | 9
San 42 trademark (2) |  | 329,600 |  |  | - |  |  | 329,600 |  | *
Goodwill (2) |  | 1,814,160 |  |  | - |  |  | 1,814,160 |  | *
Total from Grupo San (3) |  | 4,349,460 |  |  | 2,205,700 |  |  | 2,143,760 |  |
|  | 4,631,644 |  |  | 2,371,549 |  |  | 2,260,095 |  |
Other assets |  | 75,022 |  |  | - |  |  | 75,022 |  |
| $ | 4,706,666 |  | $ | 2,371,549 |  | $ | 2,335,117 |  |
| * | Intangible assets with undefined useful life.
| (1) | Intangible assets from the Republic acquisition.
| (2) | The San 42 trademark and the goodwill are presented net of impairment losses recorded in 2009 for $16,000 and $2,352,000, respectively.
| (3) | Intangible assets from the Grupo San acquisition.
Schedule of Reconciliation between Opening and Closing Balances | The reconciliation between the opening and closing balances of each year is presented below:
Assets | Original Value |  | Accumulated amortization | Net
Balance as of December 31, 2018 | $ | 4,672,503 |  | $ | (2,372,451) |  | $ | 2,300,052
Additions |  | 9,880 |  |  | (9,880) |  |  | -
Adjustment effect of the year |  | 24,283 |  |  | 10,782 |  |  | 35,065
Balance as of December 31, 2019 | $ | 4,706,666 |  | $ | (2,371,549) |  | $ | 2,335,117
Additions |  | 11,250 |  |  | (11,250) |  |  | -
Adjustment effect of the year |  | 1,431 |  |  | (13,592) |  |  | (12,161)
Balance as of December 31, 2020 | $ | 4,719,347 |  | $ | (2,396,391) |  | $ | 2,322,956

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- Definition The disclosure of detailed information about intangible assets. [Refer: Intangible assets other than goodwill] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 38 -IssueDate 2020-01-01 -Paragraph 118 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=38&code=ifrs-tx-2020-en-r&anchor=para_118&doctype=Standard -URIDate 2020-01-01 + Details
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