NOTE 4: SIGNIFICANT ACCOUNTING POLICIES: Intangible Assets (Policies)
|12 Months Ended|
Dec. 31, 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. In the year ended December 31, 2018 company recorded $9,475 of impairment loss. Intangible assets as of December 31, 2018 and 2017 amounted to $53,692 and $63,167, respectively.
Disclosure of accounting policy for the impairment and disposal of long-lived assets including goodwill and other intangible assets.
No definition available.