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Intangible Assets | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jul. 31, 2021 | Jan. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |  |
INTANGIBLE ASSETS |
| 6. | INTANGIBLE ASSETS
As of July 31, 2021, and January 31, 2021, intangible assets consisted of intellectual property, customer base and trademarks, net of amortization, as follows:
|  | July 31, |  |  | January 31, |
|  | 2021 |  |  | 2021 |
Customer base |  | $ | 314,100 |  |  | $ | 314,100 |
License agreement |  |  | 50,000 |  |  |  | - |
Intellectual property |  |  | 817,400 |  |  |  | 817,400 |
Total |  |  | 1,181,500 |  |  |  | 1,131,500 |
Less: Accumulated amortization |  |  | (189,679 | ) |  |  | (124,770 | )
Net Intangible Assets |  | $ | 991,821 |  |  | $ | 1,006,730 |
In February 2021, the Company acquired an IP license for $50,000, see Note 10- “Rambam Agreement” for further discussion regarding the license agreement. The value of the intangible assets, consisting of intellectual property, license agreement and customer base has been recorded at their fair value by the Company and are being amortized over a period of three to ten years. Amortization expense for the six months ended July 31, 2021, and 2020 was $64,909 and $18,534, respectively. Estimated Amortization:
|  | Total |
Year Ended January 31, |  |  |
Remainder of 2022 |  | $ | 64,870 |
2023 |  |  | 129,776 |
2924 |  |  | 129,776 |
2025 |  |  | 113,109 |
2026 and thereafter |  |  | 554,290 |
|  | $ | 991,821 |
6. | INTANGIBLE ASSETS AND GOODWILL
As of January 31, 2021, and 2020, intangible assets consisted of intellectual property, customer base and trademarks, net of amortization, as follows:
|  | January 31, |  |  | January 31, |
|  | 2021 |  |  | 2020 |
Customer base |  | $ | 314,100 |  |  | $ | 136,500 |
Intellectual property and trademarks |  |  | 817,400 |  |  |  | 234,200 |
Total |  |  | 1,131,500 |  |  |  | 370,700 |
Less: Accumulated amortization |  |  | (124,770 | ) |  |  | (56,000 | )
Net Intangible Assets |  | $ | 1,006,730 |  |  | $ | 314,700 |
The value of the intangible assets, consisting of intellectual property and customer base has been recorded at their fair value by the Company after completing a valuation and are being amortized over a period of ten years. Amortization expense for the year ended January 31, 2021 and 2020 was $68,770 and $37,070, respectively. Estimated Amortization:
|  | Total |
Year Ended January 31, |  |  |
2022 |  | $ | 113,150 |
2023 |  |  | 113,150 |
2024 |  |  | 113,150 |
2025 |  |  | 113,150 |
2026 and thereafter |  |  | 554,130 |
|  | $ | 1,006,730 |

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- Definition The entire disclosure for goodwill and 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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