Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Intangible Assets

Schedule of expected future annual amortization expense for unamortized intangible assets

The Company expects the future annual amortization expense for the unamortized intangible assets to be as follows:

Years ending December 31,
2023 (Excluding the three months ended March 31, 2023)	$	17,884
2024		23,845
2025		23,845
2026		23,845
2027		23,845
Thereafter		41,728
Total	$	154,992

Schedule of gross carrying amount and net book value of intangible assets

The gross carrying amount and net book value of the intangible asset is as follows:

	As of
	March 31,		December 31,
	2023		2022
Gross Carrying Amount	$	215,000	$	215,000
Accumulated Amortization		(60,008)		(54,047)
Net Book Value	$	154,992	$	160,953