Galaxy Gaming, Inc. Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2020

Other intangible assets, net consisted of the following at:

	September 30,			December 31,
	2020			2019
Patents	$	13,507,997		$	13,485,000
Customer relationships		13,814,528			3,400,000
Trademarks		2,880,967			2,880,967
Non-compete agreements		660,000			660,000
Internally-developed software		183,416			183,415
Other intangible assets, gross		31,046,908			20,609,382
Less: accumulated amortization		(14,436,863	)		(13,178,739	)
Other intangible assets, net	$	16,610,045		$	7,430,643

Estimated future amortization expense is as follows:

Twelve Months Ending September 30,	Total
2021	$	2,582,511
2022		2,570,659
2023		1,417,510
2024		1,414,600
2025		1,410,100
Thereafter		7,214,665
Total amortization	$	16,610,045