Quarterly report pursuant to Section 13 or 15(d)

NOTE 4: SIGNIFICANT ACCOUNTING POLICIES: Intangible Assets (Policies)

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NOTE 4: SIGNIFICANT ACCOUNTING POLICIES: Intangible Assets (Policies)
3 Months Ended
Mar. 31, 2019
Policies  
Intangible Assets

Intangible Assets

 

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 March 31, 2019 amounted to $50,534 net of accumulated impairment losses of $664,898.