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Patents and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
Patents and Other Intangible Assets  
Schedule of Patents and other intangible assets

Patents and other intangible assets are summarized as follows:

 

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

 

 

2020

 

2019

 

 

(Unaudited)

 

 

 

Patents

 

 

  

 

 

  

Patents pending

 

$

857,000

 

$

846,000

Issued patents

 

 

676,000

 

 

619,000

 

 

 

1,533,000

 

 

1,465,000

Trademarks

 

 

 

 

 

 

Trademarks pending

 

 

87,000

 

 

77,000

Registered trademarks

 

 

23,000

 

 

23,000

 

 

 

110,000

 

 

100,000

Other

 

 

8,000

 

 

8,000

 

 

 

1,651,000

 

 

1,573,000

Accumulated amortization

 

 

(325,000)

 

 

(288,000)

 

 

$

1,326,000

 

$

1,285,000

 

Schedule of future amortization expense

Future amortization expense associated with issued patents and registered trademarks as of March 31, 2020 is estimated as follows (unaudited):

 

 

 

 

 

2020 (remaining 9 months)

    

 

109,000

2021

 

 

111,000

2022

 

 

83,000

2023

 

 

49,000

2024

 

 

22,000

 

 

$

374,000