Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Intangible Assets

Schedule of Intangible Assets

The Company’s intangible assets consist of the following:

	December 31, 2021
		Gross
	Estimated	Carrying		Accumulated				Net Book
	Useful Lives	Value		Amortization		Impairment		Value
Internally developed patents	6–20 years	$	1,079,325	$	(499,828)	$	(579,497)	$	—
Acquired licenses	16–20 years		285,000		(285,000)		—		—
Total intangible assets subject to amortization			1,364,325		(784,828)		(579,497)		—
IPR&D assets	Indefinite		12,418,967		—		—		12,418,967
Total		$	13,783,292	$	(784,828)	$	(579,497)	$	12,418,967

	December 31, 2020
		Gross
	Estimated	Carrying		Accumulated				Net Book
	Useful Lives	Value		Amortization		Impairment		Value
Internally developed patents	6–10 years	$	884,787	$	(479,908)	$	—	$	404,879
Acquired licenses	16–20 years		285,000		(285,000)		—		—
Total intangible assets subject to amortization			1,169,787		(764,908)		—		404,879
IPR&D assets	Indefinite		12,418,967		—		—		12,418,967
Total		$	13,588,754	$	(764,908)	$	—	$	12,823,846