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INTANGIBLE ASSETS, NET | 6 Months Ended
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Jun. 30, 2020
Intangible Assets Net [Abstract] |
INTANGIBLE ASSETS, NET | 7. INTANGIBLE ASSETS, NET At June 30, 2020 and December 31, 2019 intangible assets consist of:
| June 30, |  | December 31,
| 2020 |  | 2019
Trade name and trademark | $ 1,039,307 |  | $ 1,039,307
Customer list | 2,402,054 |  | 2,406,434
Domain name and other intangible assets | 639,957 |  | 641,809
| 4,081,318 |  | 4,087,550
Accumulated depreciation and amortization | (1,046,873) |  | (880,562)
Intangible assets, net | $ 3,034,445 |  | $ 3,206,988
The Company’s trade names and trademarks were determined to have an indefinite life. The remaining definite lived intangible assets are primarily being amortized on a straight-line basis over their estimated useful lives. Amortization expense was $83,412 and $166,697, respectively, for the three and six months ended June 30, 2020 and $137,047 and $299,462, respectively, for the three and six months ended June 30, 2019

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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