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Intangible Assets | 12 Months Ended
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Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | 7. Intangible Assets Intangible assets subject to amortization consisted of the following:
|  | As of December 31, 2018 |
|  | Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Developed technology |  | $ | 14,750,000 |  |  | $ | (558,423 | ) |  | $ | 14,191,577 |
Noncompete agreement |  |  | 480,000 |  |  |  | (12,000 | ) |  |  | 468,000 |
Trade name |  |  | 748,000 |  |  |  | (23,819 | ) |  |  | 724,181 |
Subtotal amortizable intangible assets |  |  | 15,978,000 |  |  |  | (594,242 | ) |  |  | 15,383,758 |
Website domain name |  |  | 20,000 |  |  |  | - |  |  |  | 20,000 |
Total intangible assets |  | $ | 15,998,000 |  |  | $ | (594,242 | ) |  | $ | 15,403,758 |
As of December 31, 2017, the Company had an intangible asset of $20,000 which consisted of the website domain name. Intangible assets subject to amortization were recorded as part of the Company’s business acquisition of HubPages and Say Media for the developed technology, noncompete agreement, and trade name. The website domain name has an infinite life and is not being amortized. Amortization expense for the year ended December 31, 2018 was $594,242. No impairment charges have been recorded during the year ended December 31, 2018. As of December 31, 2018, estimated total amortization expense for the next five years related to the Company’s intangible assets subject to amortization is as follows:
December 31, |  |  |
2019 |  | $ | 3,339,600 |
2020 |  |  | 3,327,600 |
2021 |  |  | 3,099,600 |
2022 |  |  | 3,099,600 |
2023 |  |  | 2,517,358 |
|  | $ | 15,383,758 |

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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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