Quarterly report pursuant to Section 13 or 15(d)

Licensed Technology (Tables)

v3.20.1
Licensed Technology (Tables)
 3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Licensed Technology

Licensed technology consists of the following:

 

    March 31, 2020     December 31, 2019  
Licensed technology   $ 2,606,000     $ 42,606,000  
Less accumulated amortization     638,000       6,428,000  
Licensed technology, net   $ 1,968,000     $ 36,178,000  

Schedule of Amortization Expense for Intangible Assets

The aggregate estimated amortization expense for intangible assets remaining as of March 31, 2020 is as follows:

 

2020, remainder   $ 130,000  
2021     174,000  
2022     174,000  
2023     174,000  
2024     174,000  
Thereafter     1,142,000  
Total   $ 1,968,000