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Intangible Assets, Net

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

6.	Intangible Assets, Net

Intangible assets, net consisted of the following at March 31, 2020 and December 31, 2019:

		March 31, 2020												December 31, 2019
		(unaudited)
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount				Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount
Patents		$	50,000			$	(26,875	)		$	23,125			$	50,000			$	(26,250	)		$	23,750
Trade names, trademarks product names, URLs			555,000				(460,354	)			94,646				555,000				(446,479	)			108,521
Internally developed software			1,990,000				(1,967,572	)			22,428				1,990,000				(1,959,655	)			30,345
Subscriber/customer relationships			2,279,000				(1,855,392	)			423,608				2,279,000				(1,813,725	)			465,275
Total intangible assets		$	4,874,000			$	(4,310,193	)		$	563,807			$	4,874,000			$	(4,246,109	)		$	627,891

Amortization expense for the three months ended March 31, 2020 was $64,084, as compared to $64,082 for the three months ended March 31, 2019. The estimated aggregate amortization expense for each of the next five years and thereafter will be $182,597 in 2020, $184,667 in 2021, $149,944 in 2022, $18,000 in 2023, $17,354 in 2024 and $11,245 thereafter.