Intangible Assets Other Than Goodwill
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Other Than Goodwill

NOTE 5: INTANGIBLE ASSETS OTHER THAN GOODWILL

Intangible assets    

June 30,

2022

 

December 31,

2021

Acquisition cost     $ 178,642   $ 178,642
Accumulated amortization       (88,441)     (85,661)
Total intangible assets net book value     $ 90,201   $ 92,981

 

Amortization expense for both three month periods ended June 30, 2022 and 2021 amounted to $1,394 and for both the six month periods ended June 30, 2022 and 2021 amounted to $2,780.

The remaining aggregate amortization of acquired intangibles as of June 30, 2022 will be as follows:

Period

     
Year One     $ 5,581
Year Two       5,588
Year Three       5,581
Year Four       5,581
Year Five       5,581
Thereafter       62,289
Total     $ 90,201