XML 68 R31.htm IDEA: XBRL DOCUMENT v3.20.1
Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Change in Intangible Assets

The change in intangible assets for the years ending December 31, 2019 and 2018 are as follows:

 

    2019  
    Patent     Website     Trademarks     Total  
Cost                        
Balance – January 1, 2019   $ 10,574     $ 3,500     $ -     $ 14,074  
Additions     40,676       -       4,644       45,320  
Balance – December 31, 2019   $ 51,250     $ 3,500     $ 4,644     $ 59,394  
                                 
Accumulated Depreciation                                
Balance – January 1, 2019   $ (1,401 )   $ -     $ -     $ (1,401 )
Additions     (848 )     -       -       (848 )
Balance – December 31, 2019   $ (2,249 )   $ -     $ -     $ (2,249 )
                                 
Net amount as at December 31, 2019   $ 49,001     $ 3,500     $ 4,643     $ 57,145  

 

    2018  
    Patent     Website     Trademarks     Total  
Cost                        
Balance – January 1, 2018   $ 10,574     $ 3,500     $            -     $ 14,074  
Additions     -       -       -       -  
Balance – December 31, 2018   $ 10,574     $ 3,500     $ -     $ 14,074  
                                 
Accumulated Depreciation                                
Balance – January 1, 2018   $ (978 )   $ -     $ -     $ (978 )
Additions     (423 )     -       -       (423 )
Balance – December 31, 2018   $ (1,401 )   $ -     $ -     $ (1,401 )
                                 
Net amount as at December 31, 2018   $ 9,173     $ 3,500     $ -     $ 12,673  
Schedule of Amortization of Patent

Amortization of the patent over the next five years and beyond December 31, 2019 is as follows:

 

2020   $ 2,050  
2021   $ 2,050  
2022   $ 2,050  
2023   $ 2,050  
2024   $ 2,050  
2025 and later   $ 46,895