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Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2021

Intangible Assets

Schedule of future amortization expense

Schedule of Intangible assets
Name		Estimated Life		Balance at December 31,2020				Additions				Amortization				Impairment				Balance at June 30, 2021
License agreement		17 Years		$	—			$	1,073,369			$	—			$	—			$	1,073,369
Total				$	—			$	1,073,369			$	—			$	—			$	1,073,369

Amortization expense for the three and six months ended June 30, 2021, was insignificant.

Estimated future amortization expense as of June 30, 2021:

Schedule of future amortization expense
			June 30,
			2021
2021 (Remaining 6 months)			$	31,570
2022				63,139
2023				63,139
2024				63,139
2025				63,139
Thereafter				789,242
Intangible assets, Net			$	1,073,369

Schedule of future amortization expense

Schedule of future amortization expense
			June 30,
			2021
2021 (Remaining 6 months)			$	31,570
2022				63,139
2023				63,139
2024				63,139
2025				63,139
Thereafter				789,242
Intangible assets, Net			$	1,073,369

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- 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 http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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

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- 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 http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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