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

Patents and other intangible assets are summarized as follows:

 

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2020

    

2019

 

 

(Unaudited)

 

 

 

Patents

 

 

 

 

 

 

Patents pending

 

$

731,000

 

$

846,000

Issued patents

 

 

883,000

 

 

619,000

 

 

 

1,614,000

 

 

1,465,000

Trademarks

 

 

 

 

 

 

Trademarks pending

 

 

105,000

 

 

77,000

Registered trademarks

 

 

23,000

 

 

23,000

 

 

 

128,000

 

 

100,000

Other

 

 

8,000

 

 

8,000

 

 

 

1,750,000

 

 

1,573,000

Accumulated amortization

 

 

(448,000)

 

 

(288,000)

 

 

$

1,302,000

 

$

1,285,000

 

Schedule of future amortization expense

Future amortization expense associated with awarded patents and registered trademarks as of December 31, 2020 is estimated as follows:

 

 

 

 

 

2021

    

 

152,000

2022

 

 

125,000

2023

 

 

91,000

2024

 

 

64,000

Thereafter

 

 

26,000

 

 

$

458,000