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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Intangible Assets  
Schedule Of Intangible Assets

Name

 

Estimated Life

 

Balance at

December 31,

2022

 

 

Additions

 

 

Amortization

 

 

Balance at

December 31,

2023

 

License agreement

 

17 Years

 

$964,965

 

 

$-

 

 

$63,036

 

 

$901,929

 

Patents

 

20 Years

 

 

85,057

 

 

 

5,725

 

 

 

4,682

 

 

 

86,100

 

Total

 

 

 

$1,050,022

 

 

$5,725

 

 

$67,718

 

 

$988,029

 

Name

 

Estimated Life

 

Balance at

December 31,

2021

 

 

Additions

 

 

Amortization

 

 

Balance at

December 31,

2022

 

License agreement

 

17 Years

 

$1,028,114

 

 

$-

 

 

$63,149

 

 

$964,965

 

Patents

 

20 Years

 

 

34,742

 

 

 

52,292

 

 

 

1,977

 

 

 

85,057

 

Total

 

 

 

$1,062,856

 

 

$52,292

 

 

$65,126

 

 

$1,050,022

 

Schedule Of Future Amortization Expense

 

 

December 31,

 

 

 

2023

 

2024

 

$67,933

 

2025

 

 

67,933

 

2026

 

 

67,933

 

2027

 

 

67,933

 

2028

 

 

67,933

 

Thereafter

 

 

648,364

 

Intangible assets, net

 

$988,029