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Intangible Assets
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 7 – Intangible Assets

 

Intangible assets consisted of the following:

 

   As of December 31, 
   2020   2019 
Patents  $8,110   $12,234 
Website development costs   22,713    22,713 
Trademarks   1,830    1,830 
    32,653    36,777 
Accumulated amortization   (25,426)   (24,847)
Intangible assets, net  $7,227   $11,930 

 

 

Surna Inc.

Notes to Consolidated Financial Statements

 

 

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 $579 and $3,320 for the years ended December 31, 2020 and 2019, respectively. During the years ended December 31, 2020 and 2019, the Company wrote-off $4,124 and $7,778, respectively, related to patents that had been abandoned.