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Intangible Assets, Net
9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net
4. Intangible Assets, Net

 

Intangible assets, net consisted of the following at September 30, 2021 and December 31, 2020:

 

   September 30, 2021   December 31, 2020 
   Gross       Net   Gross       Net 
   Carrying   Accumulated   Carrying   Carrying   Accumulated   Carrying 
   Amount   Amortization   Amount   Amount   Amortization   Amount 
Patents  $50,000   $(30,625)  $19,375   $50,000   $(28,750)  $21,250 
Trade names, trademarks product names, URLs   555,000    (505,273)   49,727    555,000    (493,648)   61,352 
Internally developed software   1,990,000    (1,990,000)   
-
    1,990,000    (1,990,000)   
-
 
Subscriber/customer relationships   2,279,000    (2,105,392)   173,608    2,279,000    (1,980,392)   298,608 
Total intangible assets  $4,874,000   $(4,631,290)  $242,710   $4,874,000   $(4,492,790)  $381,210 

 

Amortization expense for the three and nine months ended September 30, 2021 was $46,167 and $138,500, respectively, as compared to $64,083 and $192,250 for the three and nine months ended September 30, 2020, respectively. The aggregate amortization expense for each of the next five years and thereafter is estimated to be $46,166 in 2021, $149,944 in 2022, $18,000 in 2023, $17,354 in 2024, $2,500 in 2025 and $8,746 thereafter.