NOTE 4: SIGNIFICANT ACCOUNTING POLICIES: Intangible Assets (Policies)
|9 Months Ended|
Sep. 30, 2018
As required by generally accepted accounting principles, trademarks and patents are not amortized since they have an indefinite life. Instead, they are tested annually for impairment. Intangible assets as of September 30, 2018 amounted to $53,692 net of accumulated impairment losses of $661,740.
Disclosure of accounting policy for the impairment and disposal of long-lived assets including goodwill and other intangible assets.
No definition available.