Quarterly report pursuant to Section 13 or 15(d)

Patents (Tables)

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Patents (Tables)
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Patents Less Accumulated Amortization

The following is a summary of patents less accumulated amortization at September 30, 2018 and December 31, 2017:

 

    September 30,     December 31,  
    2018     2017  
             
Patents   $ 4,500,000     $ 4,500,000  
                 
Less accumulated amortization     485,183       -  
                 
    $ 4,014,817     $ 4,500,000  

Schedule of Estimated Future Amortization Expense

The estimated future amortization expense related to patents as of September 30, 2018 is as follows:

 

Twelve Months Ending September 30,   Amount  
       
2019   $ 646,910  
2020     646,910  
2021     646,910  
2022     646,910  
2023     646,910  
Thereafter     780,267  
Total   $ 4,014,817