Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS, NET (Tables)

v3.21.2
INTANGIBLE ASSETS, NET (Tables)
9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS

Intangible assets consisted of the following:

 

    September 30, 2021  
    Gross
Amount
    Accumulated
Amortization
    Net
Carrying
Amount
    Weighted-
Average
Amortization
Period
 
Supply chain development   $ 404,622     $ (366,836 )   $ 37,786       0.37 yrs.  
Patents and trademarks     118,290       (46,966 )     71,324       2.41 yrs.  
    $ 522,912     $ (413,802 )   $ 109,110          

 

    December 31, 2020  
    Gross
Amount
    Accumulated
Amortization
    Net
Carrying
Amount
   

Weighted-
Average
Amortization

Period

 
Supply chain development   $ 395,248     $ (291,937 )   $ 103,311       1.05 yrs.  
Patents     70,435       (29,901 )     40,534       2.45 yrs.  
    $ 465,683     $ (321,838 )   $ 143,845