XML 26 R11.htm IDEA: XBRL DOCUMENT v3.20.2
Patents and Other Intangible Assets
6 Months Ended
Jun. 30, 2020
Patents and Other Intangible Assets  
Patents and Other Intangible Assets

Note 4 – Patents and Other Intangible Assets

Patents and other intangible assets are summarized as follows:

 

 

 

 

 

 

 

 

 

    

June 30, 

    

December 31, 

 

 

2020

 

2019

 

 

(Unaudited)

 

 

 

Patents

 

 

  

 

 

  

Patents pending

 

$

859,000

 

$

846,000

Issued patents

 

 

711,000

 

 

619,000

 

 

 

1,570,000

 

 

1,465,000

Trademarks

 

 

 

 

 

 

Trademarks pending

 

 

88,000

 

 

77,000

Registered trademarks

 

 

23,000

 

 

23,000

 

 

 

111,000

 

 

100,000

Other

 

 

8,000

 

 

8,000

 

 

 

1,689,000

 

 

1,573,000

Accumulated amortization

 

 

(362,000)

 

 

(288,000)

 

 

$

1,327,000

 

$

1,285,000

 

Future amortization expense associated with issued patents and registered trademarks as of June  30, 2020 is estimated as follows (unaudited):

 

 

 

 

 

2020 (remaining 6 months)

    

 

76,000

2021

 

 

118,000

2022

 

 

90,000

2023

 

 

57,000

2024

 

 

29,000

Thereafter

 

 

3,000

 

 

$

373,000