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FORM 10-Q
EXHIBIT 10.5
INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Components of intangible assets
March 31, 2018
December 31, 2017
Patents
$
4,505,489
$
4,505,489
Technology rights
200,000
200,000
Intangible, at cost
4,705,489
4,705,489
Less: Accumulated amortization
(461,426
)
(380,382
)
Net Carrying Amount
$
4,244,063
$
4,325,107