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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2023
Intangible Assets  
Schedule Of Intangible Assets

Name

 

Estimated

Life

 

Balance at

December 31,

2022

 

 

Additions

 

 

Amortization

 

 

Balance at

September 30,

2023

 

License agreement

 

17 Years

 

$964,965

 

 

$

 

 

$47,305

 

 

$917,660

 

Patents

 

20 Years

 

 

85,057

 

 

 

5,724

 

 

 

3,484

 

 

 

87,297

 

Total

 

 

 

$1,050,022

 

 

$5,724

 

 

$50,789

 

 

$1,004,957

 

Name

 

Estimated Life

 

Balance at

December 31,

2021

 

 

Additions

 

 

Amortization

 

 

Balance at

December 31,

2022

 

License agreement

 

17 Years

 

$1,028,114

 

 

$

 

 

$63,149

 

 

$964,965

 

Patents

 

20 Years

 

 

34,742

 

 

 

52,292

 

 

 

1,977

 

 

 

85,057

 

Total

 

 

 

$1,062,856

 

 

$52,292

 

 

$65,126

 

 

$1,050,022

 

Schedule Of Future Amortization Expense

 

 

September 30, 2023

 

2023

 

$17,041

 

2024

 

 

67,933

 

2025

 

 

67,933

 

2026

 

 

67,933

 

2027

 

 

67,933

 

Thereafter

 

 

716,184

 

Intangible assets, Net

 

$1,004,957