Intangible Assets

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible Assets

Intangible assets consist of various patents valued at $400, which represents the cost to acquire the patents. These patents are determined to have useful lives and are amortized into the results of operations over ten years. The company recorded amortization expense of $10 for each period for the three months ended September 30, 2022 and 2021, respectively, and $30 for each period for the nine months ended September 30, 2022 and 2021 related to patents, respectively.

Estimated future amortization expense of intangible assets as of September 30, 2022 are as follows:

	Amortization Expense
Remainder of 2022	$	10
2023	40
2024	40
2025	40
2026	40
Thereafter	80
Total	$	250