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Intangible Assets
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 5 – Intangible Assets

 

Intangible assets, net, consisted of the following at December 31, 2022 and 2023:

 

     
Balance as of December 31, 2021  $– 
Finite-Lived intangible assets   659,571 
Dossier fee additions   121,807 
Balance at December 31, 2022   781,378 
Less accumulated amortization   (4,522)
Finite-lived intangible assets, net at December 31, 2022  $776,856 
      
Balance as of December 31, 2022  $776,856 
Dossier fee additions   710,372 
Balance at December 31, 2023   1,487,228 
Less accumulated amortization   (42,969)
Finite-lived intangible assets, net at December 31, 2023  $1,444,259 

 

As of December 31, 2023, the estimated amortization expense of the Company’s intangible assets for each of the next five years is as follows:

 

     
2024  $59,745 
2025   59,745 
2026   58,541 
2027   19,041 
2028   9,985