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Intangible Assets, Net
6 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net

5. Intangible Assets, Net

 

Intangible assets, net consisted of the following at June 30, 2018 and December 31, 2017: 

 

   June 30,   December 31, 
   2018   2017 
   (unaudited)     
   Gross
Carrying
Amount
   Accumulated
Amortization
   Net
Carrying
Amount
   Gross
Carrying
Amount
   Accumulated
Amortization
   Net
Carrying
Amount
 
Patents  $50,000   $(22,500)  $27,500   $50,000   $(21,250)  $28,750 
Trade names, trademarks product names, URLs   1,555,000    (713,229)   841,771    1,555,000    (585,479)   969,521 
Internally developed software   2,720,000    (2,102,031)   617,969    2,720,000    (1,900,696)   819,304 
Subscriber/customer relationships   4,219,000    (2,663,423)   1,555,577    4,219,000    (2,221,882)   1,997,118 
Lead pool   282,000    (246,750)   35,250    282,000    (176,250)   105,750 
Total intangible assets  $8,826,000   $(5,747,933)  $3,078,067   $8,826,000   $(4,905,557)  $3,920,443 

 

Amortization expense for the three and six months ended June 30, 2018 was $421,189 and $842,376, respectively, as compared to $421,188 and $842,375, respectively, for the three and six months ended June 30, 2017. The estimated aggregate amortization expense for the second half of 2018 and each of the next four years and thereafter will be $757,343 in 2018, $1,087,333 in 2019, $592,681 in 2020, $444,167 in 2021 and $196,543 thereafter.