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Patents and Trademarks, Net
12 Months Ended
Dec. 31, 2023
Goodwill and Acquired Intangible Assets, Net  
Patents and Trademarks, Net

Note 6 — Patents and Trademarks, Net

December 31, 

December 31, 

    

2023

    

2022

Patents and Trademarks

$

3,727,265

$

3,153,358

Less: Accumulated Amortization

 

(1,100,247)

 

(933,264)

Patents and Trademarks, Net

$

2,627,018

$

2,220,094

Total amortization expense for patents and trademarks for the years ended December 31, 2023, 2022 and 2021 was $183,690, $149,700 and $145,072, respectively. The estimated aggregate annual amortization expense for each of the next five fiscal years is approximately $248,000. For the years ended December 31, 2023, 2022 and 2021, we recorded $41,869, $97,675 and $80,163, respectively, in patent impairment charges.