• Filing Date: 2018-04-17
  • Form Type: 10-K
  • Description: Annual report
v3.8.0.1
3. INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

Intangible assets, net, consist of the following at December 31:

 

   USEFUL LIVES  2017   2016 
            
Acquisition of intellectual property (FuturLink)  5 years   98,000    98,000 
       98,000    98,000 
Less Accumulated Amortization      88,040    68,440 
      $9,960   $29,560 

 

Future amortization, for the years ending December 31, is as follows:

 

2018     9,960  
2019      
Thereafter      
    $ 9,960  

 

Amortization expense from continuing operations for the years ended December 31, 2017 and 2016 was $19,600 and $19,600, respectively.