XML 77 R29.htm IDEA: XBRL DOCUMENT v3.21.1
Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

At December 31, 2020, intangible assets consisted of the following:

 

    Estimated         Accumulated        
    Useful Life   Costs     Amortization     Net  
Trade names   10 years   $ 119,000     $ (9,917 )   $ 109,083  
Customer contracts   5-8 years     1,242,000       (166,112 )     1,075,888  
        $ 1,361,000     $ (176,029 )   $ 1,184,971  
Schedule of Amortization Expense for Intangible Assets

The following table represents future amortization expense for intangible assets subject to amortization.

 

For the Twelve Months Ending December 31,   Amount  
2021   $ 216,475  
2022     216,475  
2023     216,475  
2024     216,475  
2025     199,008  
Thereafter     120,063  
    $ 1,184,971