Data Storage Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill and intangible assets

Goodwill and intangible assets consisted of the following:

						March 31, 2018
			Estimated life in years				Gross Amount				Accumulated Amortization

Goodwill			Indefinite			$	3,015,700				N/A
Intangible Assets
Intangible assets not subject to amortization
Trademarks			Indefinite				294,268				N/A
Intangible assets subject to amortization
Customer list			5 - 15				897,274				897,274
ABC Acquired contracts			5				310,000				87,834
SIAS Acquired contracts			5				660,000				187,000
Non-compete agreements			3 - 4				272,147				266,869

Total Intangible Assets							2,433,689				1,438,977

Total Goodwill and Intangible Assets						$	5,449,389			$	1,438,977

Schedule of amortization over the next three years

Scheduled amortization over the next three years as follows:

For the Twelve Months ending March 31,
2019			$	197,334
2020				195,944
2021				194,000
2022				113,166
Total			$	700,444