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Intangible Assets | 9 Months Ended
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Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Intangible assets consist of the following:
|  | September 30, |  | December 31,
|  | 2020 |  | 2019
DGSE |  |  |  |  |  |  |  |
Domain names |  | $ | 41,352 |  |  | $ | 41,352 |
Point of sale system |  |  | 330,000 |  |  |  | 330,000 |
|  |  | 371,352 |  |  |  | 371,352 |
Less: accumulated amortization |  |  | (190,227 | ) |  |  | (137,502 | )
Subtotal |  |  | 181,125 |  |  |  | 233,850 |
ECHG |  |  |  |  |  |  |  |
Trademarks |  |  | 1,483,000 |  |  |  | 1,483,000 |
Customer Contracts |  |  | 1,873,000 |  |  |  | 1,873,000 |
|  |  | 3,356,000 |  |  |  | 3,356,000 |
Less: accumulated amortization |  |  | (447,477 | ) |  |  | (195,777 | )
Subtotal |  |  | 2,908,523 |  |  |  | 3,160,223 |
|  | $ | 3,089,648 |  |  | $ | 3,394,073 |
The following table outlines the estimated future amortization expense related to intangible assets held as of September 30, 2020:
|  | DGSE |  | ECHG |  | Total
| 2020 (excluding the nine months ended September 30, 2020) |  |  | $ | 13,275 |  |  | $ | 83,900 |  |  | $ | 97,175 |
| 2021 |  |  |  | 66,000 |  |  |  | 335,600 |  |  |  | 401,600 |
| 2022 |  |  |  | 66,000 |  |  |  | 335,600 |  |  |  | 401,600 |
| 2023 |  |  |  | 35,850 |  |  |  | 335,600 |  |  |  | 371,450 |
| 2024 |  |  |  | — |  |  |  | 335,600 |  |  |  | 335,600 |
| Thereafter |  |  |  | — |  |  |  | 1,482,223 |  |  |  | 1,482,223 |
|  |  |  | $ | 181,125 |  |  | $ | 2,908,523 |  |  | $ | 3,089,648 |

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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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