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Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2023
Intangible Assets [Abstract] |
Schedule of Components of Intangible Assets | The components of intangible assets, all of which are finite lived, were as follows:
|  | December 31, 2023 |  |  | December 31, 2022 |  |  |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Useful Life
Patents |  | $ | 117,810 |  |  | $ | (43,153 | ) |  | $ | 74,657 |  |  | $ | 82,431 |  |  | $ | (27,331 | ) |  | $ | 55,100 |  |  | 10
Patents in process |  |  | 142,239 |  |  |  | - |  |  |  | 142,239 |  |  |  | 119,760 |  |  |  | - |  |  |  | 119,760 |  |  | N/A
Licenses |  |  | 241,909 |  |  |  | (89,859 | ) |  |  | 152,050 |  |  |  | 241,909 |  |  |  | (65,665 | ) |  |  | 176,244 |  |  | 10
Software |  |  | 211,411 |  |  |  | (167,412 | ) |  |  | 43,999 |  |  |  | 161,284 |  |  |  | (84,682 | ) |  |  | 76,602 |  |  | 3
Trademarks |  |  | 3,230,000 |  |  |  | (776,235 | ) |  |  | 2,453,765 |  |  |  | 3,230,000 |  |  |  | (453,242 | ) |  |  | 2,776,758 |  |  | 10
FAA waiver |  |  | 5,930,000 |  |  |  | (1,425,101 | ) |  |  | 4,504,899 |  |  |  | 5,930,000 |  |  |  | (832,113 | ) |  |  | 5,097,887 |  |  | 10
Developed technology |  |  | 27,977,331 |  |  |  | (5,632,170 | ) |  |  | 22,345,161 |  |  |  | 23,270,614 |  |  |  | (2,752,353 | ) |  |  | 20,518,261 |  |  | 3 - 10
Non-compete agreements |  |  | 840,000 |  |  |  | (840,000 | ) |  |  | - |  |  |  | 840,000 |  |  |  | (840,000 | ) |  |  | - |  |  | 1
Marketing-related assets |  |  | 890,000 |  |  |  | (82,540 | ) |  |  | 807,460 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | 10
Customer relationships |  |  | 1,010,000 |  |  |  | (205,048 | ) |  |  | 804,952 |  |  |  | 60,000 |  |  |  | (16,839 | ) |  |  | 43,161 |  |  | 5
|  | $ | 40,590,700 |  |  | $ | (9,261,518 | ) |  | $ | 31,329,182 |  |  | $ | 33,935,998 |  |  | $ | (5,072,225 | ) |  | $ | 28,863,773 |  |  |
Schedule of Estimated Amortization Expense | Expected amortization expense for the next five years for the intangible costs currently being amortized is as follows:
Year Ending December 31, |  | Expected Amortization |
2024 |  | $ | 4,206,541 |
2025 |  |  | 4,149,761 |
2026 |  |  | 4,066,033 |
2027 |  |  | 4,058,871 |
2028 |  |  | 3,787,781 |
Thereafter |  |  | 11,060,195 |
Total |  | $ | 31,329,182 |

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