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Intangible Assets, Net

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

5.	Intangible Assets, Net

Intangible assets, net consisted of the following at September 30, 2019 and December 31, 2018:

		September 30, 2019												December 31, 2018
		(unaudited)
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount				Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount
Patents		$	50,000			$	(25,625	)		$	24,375			$	50,000			$	(23,750	)		$	26,250
Trade names, trademarks product names, URLs			555,000				(432,604	)			122,396				555,000				(390,979	)			164,021
Internally developed software			1,990,000				(1,951,739	)			38,261				1,990,000				(1,927,988	)			62,012
Subscriber/customer relationships			2,279,000				(1,772,058	)			506,942				2,279,000				(1,647,060	)			631,940
Total intangible assets		$	4,874,000			$	(4,182,026	)		$	691,974			$	4,874,000			$	(3,989,777	)		$	884,223

Amortization expense for the three and nine months ended September 30, 2019 was $64,084 and $192,249, respectively, as compared to $421,188 and $1,263,564 for the three and nine months ended September 30, 2018, respectively. The estimated aggregate amortization expense for each of the next five years will be $64,083 in 2019, $246,681 in 2020, $184,667 in 2021, $149,944 in 2022 and $46,599 thereafter.