XML 39 R29.htm IDEA: XBRL DOCUMENT v3.22.2

Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of finite-lived intangible assets

		June 30, 2022												December 31, 2021
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount				Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount				Useful Life
Patents		$	77,810			$	(19,166	)		$	58,644			$	75,266			$	(13,077	)		$	62,189				10
Patents in process			101,681				-				101,681				89,767				-				89,767				N/A
Licenses			241,909				(53,568	)			188,341				241,909				(41,471	)			200,438				10
Trademarks			3,230,000				(291,741	)			2,938,259				3,230,000				(130,242	)			3,099,758				10
FAA waiver			5,930,000				(535,613	)			5,394,387				5,930,000				(239,113	)			5,690,887				10
Developed technology			22,963,600				(1,570,060	)			21,393,540				16,120,000				(650,000	)			15,470,000				10
Non-compete agreements			840,000				(758,709	)			81,291				840,000				(338,710	)			501,290				1
Customer relationships			60,000				(10,840	)			49,161				60,000				(4,839	)			55,161				5
		$	33,445,000			$	(3,239,697	)		$	30,205,303			$	26,586,942			$	(1,417,452	)		$	25,169,489

Schedule of estimated amortization expense

Year Ending December 31,		Estimated Amortization
2022 (6 months)		$	1,709,110
2023		$	3,255,640
2024		$	3,255,363
2025		$	3,255,363
2026		$	3,250,525
Thereafter		$	15,377,621
Total		$	30,103,622

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration