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Intangible Assets, Net
 6 Months Ended
Jun. 30, 2017
Intangible Assets Net  
Intangible Assets, net

Intangible assets, net consist of the following at June 30, 2017 and December 31, 2016:

 

   

June 30,

2017

  
Amortized Identifiable Intangible Assets:      
       
Customer agreements      
Balance at December 31, 2016   $ -  
Customers acquired     10,000  
Amortization     (2,500 )
Balance at June 30, 2017     7,500  
         
Non-compete agreements        
Balance at December 31, 2016     -  
Agreements   $ 100,000  
Amortization     (20,000 )
Balance at June 30, 2017     80,000  
         
Unamortized Identifiable Intangible Assets:        
Domain names        
Balance at December 31, 2016   $ 45,515  
Domain names acquired     -  
Impairment or write down     -  
Balance at June 30, 2017   $ 45,515  
         
Intangible assets, net at June 30, 2017   $ 133,015  

 

Amortization expense related to intangible assets for the three-month and six-month periods ended June 30, 2017 was $11,250 and $22,500, respectively. The estimated future amortization expenses related to identifiable intangible assets is as follows:

 

Remainder through December 31, 2017   $ 22,500  
2018     45,000  
2019     20,000  
    $ 87,500