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Intangible Assets
 9 Months Ended
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