General form of registration statement for all companies including face-amount certificate companies

Intangible Assets (Tables)

v3.20.4
Intangible Assets (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]    
Schedule of Future Amortization of Intangible Assets

Future amortization of intangible assets is as follows:

 

2020   $ 6,250  
2021     25,000  
2022     25,000  
2023     25,000  
2024 and thereafter     25,000  
Total   $ 106,250  

Amortization of customer contracts are included in depreciation and amortization. For the year ended December 31, 2019, the Company amortized $25,000. Future amortization of intangible assets is as follows:

 

 

2020   $ 25,000  
2021     25,000  
2022     25,000  
2023     25,000  
2024 and thereafter     50,000  
Total   $ 125,000