Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Intangible Assets

v3.21.1
Intangible Assets
12 Months Ended
Dec. 31, 2020
Disclosure of detailed information about intangible assets [text block] [Abstract]  
INTANGIBLE ASSETS
8. INTANGIBLE ASSETS

Intangible assets are comprised of a business-to-business software platform that allows video game publishers and developers to offer prize-based matches of their games to their players. the Company continues to develop new apps, therefore additional costs were capitalized during the year ended December 31, 2020.


    Software  
    ($)  
Cost      
At December 31, 2017   7,993,002  
Additions   1,804,207  
At December 31, 2018     9,797,209  
Additions     1,939,858  
At December 31, 2019     11,737,067  
Additions     1,183,528  
At December 31, 2020     12,920,595  
         
Accumulated amortization        
At December 31, 2017     3,461,095  
Amortization     2,965,035  
At December 31, 2018     6,426,130  
Amortization     2,530,590  
At December 31, 2019     8,956,720  
Amortization     1,706,972  
At December 31, 2020     10,663,692  
         
Carrying amounts        
At December 31, 2018     3,371,079  
At December 31, 2019     2,780,347  
At December 31, 2020     2,256,903