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Intangible Assets | 12 Months Ended
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Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | NOTE 8 – INTANGIBLE ASSETS
|  | As of |  |  | As of |
|  | December 31, 2017 |  |  | December 31, 2016 |
Trademarks |  | $ | 6,186 |  |  | $ | 5,127 |
Customer Lists and order backlog |  |  | 703,037 |  |  |  | 624,500 |
|  |  | 709,223 |  |  |  | 629,627 |
Less: Accumulated amortization |  |  | (293,231 | ) |  |  | (157,307 | )
Less: Impairment |  |  | (164,337 | ) |  |  | - |
Total |  | $ | 251,655 |  |  | $ | 472,320 |
Amortization expense for the years ended December 31, 2017 and 2016 were $135,925 and $121,862, respectively. At December 31, 2017, the Company’s management determined that an impairment indicator was present for intangible assets acquired from BSHL and Yabez (Hong Kong) Company Limited. Based on the results of managements impairment analysis, it was determined that customer lists of $96,250 and order backlog of $68,087 were impaired, resulting in an impairment charge of $164,337. At December 31, 2016, there were no impairments of intangible assets recorded. Amortization for each of the five years and thereafter following December 31, 2017 are as follows:
Year ending December 31: |  |  |
2018 |  | $ | 90,000 |
2019 |  |  | 90,000 |
2020 |  |  | 69,055 |
Thereafter |  |  | 2,600 |
Total |  | $ | 251,655 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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