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Intangible Assets and Goodwill (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangibles, Net

Intangible assets consist of the following:

 

 

Useful life

 

As of

 

 

 

(years)

 

June 30,
2022

 

 

December 31,
2021

 

Patents

 

5-10

 

$

35,082,871

 

 

$

7,839,182

 

Trademarks

 

N/A

 

 

129,326

 

 

 

132,636

 

Developed technology

 

20

 

 

14,690,362

 

 

 

14,931,377

 

Customer contract

 

5

 

 

10,088,468

 

 

 

10,253,983

 

 

 

 

 

 

59,991,027

 

 

 

33,157,178

 

Accumulated amortization

 

 

 

 

(5,845,560

)

 

 

(4,185,354

)

 

 

 

 

$

54,145,467

 

 

$

28,971,824

 

Schedule of Goodwill

Goodwill at December 31, 2021

 

$

240,376,634

 

     Business combination

 

 

42,343,553

 

     Effect of foreign exchange on goodwill

 

 

(1,191,007

)

Goodwill at June 30, 2022

 

$

281,529,180