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Intangible Assets | 12 Months Ended
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Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | NOTE 6 – INTANGIBLE ASSETS As of December 31, 2019 the Company has the following amounts related to intangible assets:
|  | Gross Carrying Amount |  |  | Accumulated Amortization |
Amortizable intangible assets: |  |  |  |  |  |  |  |
Customer relationship asset |  | $ | 1,006,840 |  |  | $ | (531,388 | )
Indefinite lived intangible assets: |  |  |  |  |  |  |  |
Purchased licenses |  |  | 200,000 |  |  |  | - |
|  | $ | 1,206,840 |  |  | $ | (531,388 | )
As of December 31, 2018, the Company has the following amounts related to intangible assets:
|  | Gross Carrying Amount |  |  | Accumulated Amortization |
Amortizable intangible assets: |  |  |  |  |  |
Customer relationship asset |  | $ | 1,006,840 |  |  | $ | (195,775 | )
Indefinite lived intangible assets: |  |  |  |  |  |  |  |
Purchased licenses |  |  | 200,000 |  |  |  | - |
|  | $ | 1,206,840 |  |  | $ | (195,775 | )
The aggregate amortization expense of the Company’s intangible assets for the years ending December 31, 2019 and 2018, was $335,613 and $195,775, respectively. Estimated amortization expense for 2019, 2020 and 2021 is approximately $336,000, $336,000, and $140,000, respectively.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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