Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.22.1
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
          As of December 31, 2021     As of December 31, 2020  
    Remaining
Amortization Period
in Years at
December 31, 2021
    Gross Asset
Value
    Accumulated
Amortization
    Net Carrying
Value
    Gross Asset
Value
    Accumulated
Amortization
    Net Carrying
Value
 
Licensed patents     14.6     $ 603,919     $ (110,759 )   $ 493,160     $ 592,608     $ (76,766 )   $ 515,842  
Technology license     17.5       1,658,550       (202,797 )     1,455,753       1,652,469       (120,493 )     1,531,976  
            $ 2,262,469     $ (313,556 )   $ 1,948,913     $ 2,245,077     $ (197,259 )   $ 2,047,818  

 

Schedule of future amortization related to intangible assets
For the Years Ending December 31,      
2022   $ 114,800  
2023     114,800  
2024     114,800  
2025     114,800  
2026     114,800  
Thereafter     1,374,913  
    $ 1,948,913