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Long-Lived Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Definite Lived Intangible Assets | Definite lived intangible assets related to acquisition are as follows, as of September 30, 2020:
|  | Expected Life |  | Remaining Months |  | Gross Intangible Assets |  |  | Accumulated Amortization |  |  | Net Intangible Assets |
Customer lists and relationships |  | 36 to 60 months |  | 13 to 35 months |  | $ | 2,084,515 |  |  | $ | (1,461,054 | ) |  | $ | 623,461 |
Drawings and Technology |  | 36 months |  | 0 months |  |  | 760,207 |  |  |  | (760,207 | ) |  |  | - |
Trade name, Trademarks & other |  | 24 to 36 months |  | 13 months |  |  | 447,274 |  |  |  | (328,282 | ) |  |  | 118,992 |
Non-compete |  | 36 months |  | 13 months |  |  | 246,797 |  |  |  | (163,093 | ) |  |  | 83,704 |
|  |  |  |  |  | $ | 3,538,793 |  |  | $ | (2,712,636 | ) |  | $ | 826,157 |
Definite lived intangibles assets related to acquisitions are as follows, as of December 31, 2019:
|  | Expected Life |  | Remaining Months |  | Gross Intangible Assets |  |  | Accumulated Amortization |  |  | Net Intangible Assets |
Customer lists and relationships |  | 36 to 60 months |  | 22 to 44 months |  | $ | 2,084,515 |  |  | $ | (1,109,681 | ) |  | $ | 974,834 |
Drawings and Technology |  | 36 months |  | 0 months |  |  | 760,207 |  |  |  | (760,207 | ) |  |  | - |
Trade name, Trademarks & other |  | 24 to 36 months |  | 8 to 22 months |  |  | 447,274 |  |  |  | (217,570 | ) |  |  | 229,704 |
Non-compete |  | 36 months |  | 22 months |  |  | 246,797 |  |  |  | (105,143 | ) |  |  | 141,654 |
|  |  |  |  |  | $ | 3,538,793 |  |  | $ | (2,192,601 | ) |  | $ | 1,346,192 |
Schedule of Amortization Expense of Definite Lived Intangible Assets | As of September 30, 2020, amortization expense of the definite lived intangible assets for the years remaining is as follows:
2020 |  |  | 2021 |  |  | 2022 |  |  | 2023 |  |  | Total |
$ | 163,900 |  |  | $ | 556,872 |  |  | $ | 63,231 |  |  | $ | 42,154 |  |  | $ | 826,157 |

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- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
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