Quarterly report pursuant to Section 13 or 15(d)

LICENSED TECHNOLOGY (Tables)

v3.20.2
LICENSED TECHNOLOGY (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF LICENSED TECHNOLOGY

Licensed technology consists of the following:

 

SCHEDULE OF LICENSED TECHNOLOGY 

    June 30, 2020     December 31, 2019  
Licensed technology   $ 2,606,000     $ 42,606,000  
Less accumulated amortization     682,000       6,428,000  
Licensed technology, net   $ 1,924,000     $ 36,178,000  
SCHEDULE OF AMORTIZATION EXPENSE FOR INTANGIBLE ASSETS

The aggregate estimated amortization expense for intangible assets remaining as of June 30, 2020 is as follows:

 

SCHEDULE OF AMORTIZATION EXPENSE FOR INTANGIBLE ASSETS 

      June 30, 2020  
2020, remainder   $ 86,000  
2021     174,000  
2022     174,000  
2023     174,000  
2024     174,000  
Thereafter     1,142,000  
Total   $ 1,924,000