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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 7 — INTANGIBLE ASSETS Intangible assets consist of:
|  | December 31, |  |  | December 31, |
|  | 2019 |  |  | 2018 |
DGSE |  |  |  |  |  |  |  |
Domain names |  | $ | 41,352 |  |  | $ | 41,352 |
Point of sale system |  |  | 330,000 |  |  |  | 270,000 |
|  |  | 371,352 |  |  |  | 311,352 |
Less: accumulated amortization |  |  | (137,502 | ) |  |  | (77,002 | )
Subtotal |  |  | 233,850 |  |  |  | 234,350 |
Echo Entities |  |  |  |  |  |  |  |
Trademarks |  |  | 1,483,000 |  |  |  | - |
Customer Contracts |  |  | 1,873,000 |  |  |  | - |
|  |  | 3,356,000 |  |  |  | - |
Less: accumulated amortization |  |  | (195,777 | ) |  |  | - |
Subtotal |  |  | 3,160,223 |  |  |  | - |
Total |  | $ | 3,394,073 |  |  | $ | 234,350 |
Amortization expense was $256,277 and $35,650 for Fiscal 2019 and Fiscal 2018, respectively. The estimated aggregate amortization expense for each of the five succeeding fiscal years follows:
|  | Fiscal year |
Segment |  | 2020 |  |  | 2021 |  |  | 2022 |  |  | 2023 |  |  | 2024 |
DGSE |  |  | 46,770 |  |  |  | 46,770 |  |  |  | 46,770 |  |  |  | 46,770 |  |  |  | 46,770 |
Echo Entities |  |  | 335,600 |  |  |  | 335,600 |  |  |  | 335,600 |  |  |  | 335,600 |  |  |  | 335,600 |
Total |  |  | 382,370 |  |  |  | 382,370 |  |  |  | 382,370 |  |  |  | 382,370 |  |  |  | 382,370 |

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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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