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INTANGIBLE ASSETS | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | NOTE 6 – INTANGIBLE ASSETS The carrying values of the Company’s intangible assets were as follows for the periods presented: SCHEDULE OF FINITE LIVED INTANGIBLE ASSETS
|  | December 31, 2022 |  |  | December 31, 2021 |
|  |  |  |  | Accumulated |  |  |  |  |  |  |  |  | Accumulated |  |  |  |
|  | Cost |  |  | Amortization |  |  | Net |  |  | Cost |  |  | Amortization |  |  | Net |
Amortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product Licenses |  | $ | 4,793,879 |  |  | $ | (980,583 | ) |  | $ | 3,813,296 |  |  | $ | 4,193,879 |  |  | $ | (586,541 | ) |  | $ | 3,607,338 |
Patents and Other IP |  |  | 21,935,580 |  |  |  | (1,492,057 | ) |  |  | 20,443,523 |  |  |  | 1,610,111 |  |  |  | (551,285 | ) |  |  | 1,058,826 |
Customer relationships and other |  |  | 7,947,332 |  |  |  | (694,171 | ) |  |  | 7,253,161 |  |  |  | 127,492 |  |  |  | (65,686 | ) |  |  | 61,806 |
Total |  | $ | 34,676,791 |  |  | $ | (3,166,811 | ) |  | $ | 31,509,980 |  |  | $ | 5,931,482 |  |  | $ | (1,203,512 | ) |  | $ | 4,727,970 |
In March 2021, the Company issued 20,834 shares of its common stock to Rochal for a $750,000 milestone payment required per the terms of a licensing agreement with Rochal. The payment became due upon the Company’s public offering of common stock in February 2021. The milestone payment was recorded as an addition to intangible assets. As of December 31, 2022, the weighted-average amortization period for finite-lived intangible assets was 14.3 years. Amortization expense related to intangible assets was $1,963,299 and $376,404 for the year ended December 31, 2022 and 2021, respectively. The estimated remaining amortization expense as of December 31, 2022 for finite-lived intangible assets is as follows: SCHEDULE OF FUTURE AMORTIZATION EXPENSE
2023 |  | $ | 2,780,806 |
2024 |  |  | 2,780,806 |
2025 |  |  | 2,780,806 |
2026 |  |  | 2,763,550 |
2027 |  |  | 2,649,698 |
Thereafter |  |  | 17,754,314 |
Total |  | $ | 31,509,980 |
The Company has reviewed the carrying value of intangible assets and has determined there was no impairment during either of the years ended December 31, 2022 or 2021.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
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