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Intangible Assets, Net
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net
5. Intangible Assets

  

Intangible assets consist of the following:

  

   December 31, 
   2017   2016 
   Gross
Carrying
Amount
   Accumulated
Amortization
   Net
Carrying
Amount
   Gross
Carrying
Amount
   Accumulated
Amortization
   Net
Carrying
Amount
 
Patents  $50,000   $(21,250)  $28,750   $50,000   $(18,750)  $31,250 
Trade names, trademarks, product names, URLs   1,555,000    (585,479)   969,521    1,555,000    (329,979)   1,225,021 
Internally developed software   2,720,000    (1,900,697)   819,303    2,720,000    (1,498,029)   1,221,971 
Subscriber/customer relationships   4,219,000    (2,221,882)   1,997,118    4,219,000    (1,338,799)   2,880,201 
Lead pool   282,000    (176,250)   105,750    282,000    (35,250)   246,750 
Total intangible assets  $8,826,000   $(4,905,558)  $3,920,442   $8,826,000   $(3,220,807)  $5,605,193 

 

Subscriber/customer relationships, trade names, trademarks, product names, URLs, Internally developed software and lead pool included an aggregate of $3,952,000 of intangible assets acquired as part of the business combination completed on October 7, 2016 as described in Note 3.

 

Amortization expense for the years ended December 31, 2017 and 2016 was $1,684,750 and $834,505, respectively. The estimated aggregate amortization expense for each of the next five years and thereafter will be $1,599,718 in 2018, $1,087,333 in 2019, $592,681 in 2020, $444,167 in 2021 and $196,543 thereafter.