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Intangible Assets, Net
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]    
Intangible Assets, Net

4. Intangible Assets, Net


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


 

March 31, 2021

 

December 31, 2020

   

Gross
Carrying
Amount

 

(unaudited)
Accumulated
Amortization

 

Net
Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

   

Patents

 

$

50,000

 

$

(29,375

)

 

$

20,625

 

$

50,000

 

$

(28,750

)

 

$

21,250

Trade names, trademarks
product names,
URLs

 

 

555,000

 

 

(497,521

)

 

 

57,479

 

 

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

 

 

(2,022,061

)

 

 

256,939

 

 

2,279,000

 

 

(1,980,392

)

 

 

298,608

Total intangible assets

 

$

4,874,000

 

$

(4,538,957

)

 

$

335,043

 

$

4,874,000

 

$

(4,492,790

)

 

$

381,210


Amortization expense for the three months ended March 31, 2021 was $46,167, as compared to $64,084 for the three months ended March 31, 2020. The aggregate amortization expense for each of the next five years and thereafter is estimated to be $138,500 in 2021, $149,944 in 2022, $18,000 in 2023, $17,354 in 2024, $2,500 in 2025 and $8,745 thereafter.


6. Intangible Assets, Net


Intangible assets, net consisted of the following for the periods presented:


 

December 31,

   

2020

 

2019

   

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

Patents

 

$

50,000

 

$

(28,750

)

 

$

21,250

 

$

50,000

 

$

(26,250

)

 

$

23,750

Trade names, trademarks, product names, URLs

 

 

555,000

 

 

(493,648

)

 

 

61,352

 

 

555,000

 

 

(446,479

)

 

 

108,521

Internally developed software

 

 

1,990,000

 

 

(1,990,000

)

 

 

 

 

1,990,000

 

 

(1,959,655

)

 

 

30,345

Subscriber/customer relationships

 

 

2,279,000

 

 

(1,980,392

)

 

 

298,608

 

 

2,279,000

 

 

(1,813,725

)

 

 

465,275

Total intangible assets

 

$

4,874,000

 

$

(4,492,790

)

 

$

381,210

 

$

4,874,000

 

$

(4,246,109

)

 

$

627,891


Amortization expense for the years ended December 31, 2020 and 2019 was $246,681 and $256,332, respectively. The aggregate amortization expense for each of the next five years and thereafter is estimated to be $184,667 in 2021, $149,944 in 2022, $18,000 in 2023, $17,354 in 2024, $2,500 in 2025 and $8,745 thereafter.