Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets, Net

v3.19.1
Intangible Assets, Net
3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET

3 — INTANGIBLE ASSETS, NET

 

Intangible assets, net consist of the following:

 

    Useful
life
    March 31, 2019     December 31,
2018
 
Trademarks and Copyrights     20 years     $ 11,300     $ 11,300  
Less: Accumulated amortization             (4,707 )     (4,565 )
Intangible Assets, net           $ 6,593     $ 6,735  

 

Amortization of trademarks and copyrights amounted to $142 and $141 for the three months ended March 31, 2019 and 2018, respectively. At March 31, 2019, the future remaining amortization periods for trademarks and copyrights are approximately 12 years.