XML 35 R12.htm IDEA: XBRL DOCUMENT v3.21.1

6. INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

Intangible assets consist of patents and trademarks related to our Binary Ionization Technology. We amortize the patents over the estimated remaining lives of the related patents. The trademarks have an indefinite life. Amortization expense was $377,237 and $370,478 for the years ended December 31, 2020 and 2019, respectively.

Definite life intangible assets consist of the following:

		December 31, 2020				December 31, 2019
Intellectual Property and Patents		$	3,000,012			$	2,906,507
Less: Accumulated Amortization			2,856,991				2,479,754
Intangible Assets, net		$	143,021			$	426,753

Indefinite life intangible assets consist of the following:

Trademarks			579,895				512,257
Total Intangible Assets, net		$	722,916			$	939,010

Approximate future amortization is as follows:

Year Ended:		Amount
December 31, 2021		$	10,000
December 31, 2022			10,000
December 31, 2023			10,000
December 31, 2024			10,000
December 31, 2025			10,000
Thereafter		$	93,000
		$	143,000

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-URI http://asc.fasb.org/topic&trid=2144416

+ Details

Name:	us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration