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Intangible Assets | 9 Months Ended
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Sep. 30, 2023
Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | 13. INTANGIBLE ASSETS Intangible assets consist of the following:
|  | September 30, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Trademarks |  | $ | 836 |  |  |  | 862 |
System and software |  |  | 2,518,547 |  |  |  | 2,578,647 |
Subtotal |  |  | 2,519,383 |  |  |  | 2,579,509 |
Less: accumulated depreciation and amortization |  |  | (237,536 | ) |  |  | (199,151 | )
Less: impairment |  |  | (1,806,554 | ) |  |  | (1,862,289 | )
Total |  | $ | 475,293 |  |  | $ | 518,069 |
Amortization expense included in general and administration expenses for the nine months ended September 30, 2023 and 2022 was $42,776 and $45,699, respectively. Amortization expense included in cost of sales for the nine months ended September 30, 2023 and 2022 was nil, respectively. The estimated amortization is as follows:
As of September 30, 2023 |  | Estimated amortization expense |
From October 1, 2023 to September 30, 2024 |  | $ | 57,035 |
From October 1, 2024 to September 30, 2025 |  |  | 57,035 |
From October 1, 2025 to September 30, 2026 |  |  | 57,035 |
From October 1, 2026 to September 30, 2027 |  |  | 57,035 |
From October 1, 2027 to September 30, 2028 |  |  | 57,035 |
Thereafter |  |  | 190,118 |
Total |  | $ | 475,293 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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