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Intangible Assets

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 4. Intangible Assets

Intangible assets as of March 31, 2020 and December 31, 2019 consisted of the following:

				March 31, 2020												December 31, 2019
Intangible assets		Useful life		Gross assets				Accumulated amortization				Net				Gross assets				Accumulated amortization				Net
Ticketing software		5 years		$	64,000			$	(14,934	)		$	49,066			$	64,000			$	(11,733	)		$	52,267
Promoter relationships		7 years			176,000				(29,333	)			146,667				176,000				(23,048	)			152,952
Total intangible assets				$	240,000			$	(44,267	)		$	195,733			$	240,000			$	(34,781	)		$	205,219

Amortization expense for the three months ended March 31, 2020 and 2019, was $9,486 and $6,324, respectively.

As of March 31, 2020, the estimated future amortization expense of amortizable intangible assets is as follows:

Year ending December 31,
	2020 (remaining 9 months of 2020)		$	28,457
	2021			37,943
	2022			37,943
	2023			37,943
	2024			26,209
	Thereafter			27,238
	Total		$	195,733