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INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2023
INTANGIBLE ASSETS [Abstract]  
Schedule of Intangible Assets

Intangible assets at September 30, 2023 and December 31, 2022 consist of the following:

   
September 30, 2023
   
December 31, 2022
 
           Accumulated                  Accumulated        
   
Cost
   
Amortization
   
Net
   
Cost
   
Amortization
   
Net
 
Trademark and other intangible rights related to Nabi-HB
 
$
4,100,046
   
$
3,709,565
   
$
390,481
   
$
4,100,046
   
$
3,270,276
   
$
829,770
 
Rights to intermediates
   
907,421
     
821,000
     
86,421
     
907,421
     
723,776
     
183,645
 
   
$
5,007,467
   
$
4,530,565
   
$
476,902
   
$
5,007,467
   
$
3,994,052
   
$
1,013,415
 
Intangible Asset Future Aggregate Amortization Expense

All of the Company’s intangible assets were acquired in the Biotest Transaction. Amortization expense related to these intangible assets was $0.2 million for the three months ended September 30, 2023 and 2022, and $0.5 million for the nine months ended September 30, 2023 and 2022. Estimated future aggregate amortization expense is expected to be as follows:

Remainder of 2023
 
$
178,838
 
2024
   
298,064