Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.21.2
Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
    Remaining Amortization Period In Years at     As of December 31, 2020     As of December 31, 2019  
   

December 31,
2020

    

Gross Asset Value

     Accumulated Amortization    

Net Carrying Value

    

Gross Asset Value

     Accumulated Amortization    

Net Carrying Value

  
Licensed patents     15.6     $ 592,608     $ (76,766 )   $ 515,842     $ 583,145     $ (43,314 )   $ 539,831  
Technology license     18.5       1,652,469       (120,493 )   $ 1,531,976       1,619,107       (37,104 )     1,582,003  
            $ 2,245,077     $ (197,259 )   $ 2,047,818     $ 2,202,252     $ (80,418 )   $ 2,121,834  
Schedule of future amortization related to intangible assets
For the Years Ending December 31,      
2021   $ 113,994  
2022     113,994  
2023     113,994  
2024     113,994  
2025     113,994  
Thereafter     1,477,848  
    $ 2,047,818