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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Intangible Assets  
Schedule Of Intangible Assets

 

 

Estimated

 

 

Balance at

 

 

 

 

 

 

Balance at

 

 

 

(Years)

Life

 

 

December 31,

2023

 

 

Additions

 

 

Amortization

 

 

December 31,

2024

 

License agreement

 

 

17

 

 

$901,929

 

 

$-

 

 

$(62,924)

 

$839,005

 

Patents

 

 

20

 

 

 

86,100

 

 

 

98,602

 

 

 

(7,113)

 

 

177,589

 

Total

 

 

 

 

 

$988,029

 

 

$98,602

 

 

$(70,037)

 

$1,016,594

 

 

 

Estimated

 

 

Balance at

 

 

 

 

 

 

Balance at

 

 

 

(Years)

Life

 

 

December 31,

2022

 

 

Additions

 

 

Amortization

 

 

December 31,

2023

 

License agreement

 

 

17

 

 

$964,965

 

 

$-

 

 

$(63,036)

 

$901,929

 

Patents

 

 

20

 

 

 

85,057

 

 

 

5,725

 

 

 

(4,682)

 

 

86,100

 

Total

 

 

 

 

 

$1,050,022

 

 

$5,725

 

 

$(67,718)

 

$988,029

 

Schedule Of Future Amortization Expense

Year Ending December 31,

 

 

 

 

 

 

 

 

 

2025

 

$72,228

 

2026

 

 

72,228

 

2027

 

 

72,228

 

2028

 

 

72,228

 

Thereafter

 

 

727,682

 

Total

 

$1,016,594