Patents

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Patents

4. Patents

We currently own the following patents which have been issued and which are pending:

· U.S. Patent 9,984,574, issued May 29, 2018, claims priority to provisional application filed on Jan. 21, 2014;

· Pending U.S. application, published as US 2018/0366004 A1, claims priority to provisional application filed on Jan. 21, 2014; and

· Pending U.S. application, unpublished, claims priority to three provisional applications filed on Nov. 4, 2019.

The software platform that underlies the patents have not created any revenue to date and there is no assurance that any revenue will be created from the patent technologies. As a result, we have recorded the patent asset at the cost of patent fees and other expenses incurred to produce and file the patents. During the six months ended June 30, 2024 and 2023, patent amortization expense amounted to $NIL and $406, respectively.