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5. INTANGIBLE ASSETS AND ASSET ACQUISITION (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Definite life intangible assets
 

 

December 31,

2019

 

 

December 31,

2018

 

 

 

 

 

 

 

 

Intellectual Property and Patents  $2,906,507   $2,848,300 
Less: Accumulated Amortization   2,479,754    2,109,276 
Intangible Assets, net  $426,753   $739,024 
Indefinite life intangible assets

 

Trademarks    $512,257   $496,792 

 

Total Intangible Assets, net      $939,010   $1,235,816 
Approximate amortization over the next five years
Year Ended:

 

Amount

 

 

 

 

 

December 31, 2020  $373,000 
December 31, 2021   3,000 
December 31, 2022   3,000 
December 31, 2023   3,000 
December 31, 2024   3,000 
Thereafter  $427,000