XML 25 R12.htm IDEA: XBRL DOCUMENT v3.22.1
Intangible Assets
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 6 – Intangible Assets

 

Intangible assets consisted of the following:

 

   As of December 31, 
   2021   2020 
Patents  $-   $8,110 
Website development costs   22,713    22,713 
Trademarks   1,830    1,830 
    24,543    32,653 
Accumulated amortization   (22,713)   (25,426)
Intangible assets, net  $1,830   $7,227 

 

Patents when issued are amortized over 14 years, and web site development costs are amortized over five years. Trademarks are not amortized since they have an indefinite life. Amortization expense for intangibles amounted to $434 and $579 for the years ended December 31, 2021 and 2020, respectively. During the years ended December 31, 2021 and 2020, the Company wrote-off $8,110 and $4,124, respectively, related to patents that had been abandoned.