XML 27 R17.htm IDEA: XBRL DOCUMENT
v3.23.2

Intangible Assets | 6 Months Ended
--- | ---
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Intangible Assets At both June 30, 2023 and December 31, 2022, the Company had recorded a gross intangible asset balance of $2,091,556, which is related to patent and intangible property rights acquired. Amortization expense of intangible assets was $34,859 each for the three months ended June 30, 2023 and 2022. Amortization expense of intangible assets was $69,719 each for the six months ended June 30, 2023 and 2022. Accumulated amortization totaled $819,635 and $749,916 at June 30, 2023 and December 31, 2022, respectively. The net amount of intangible assets of $1,271,921 at June 30, 2023, will be amortized over the weighted average remaining life of 9.3 years. Total estimated future amortization expense is as follows:
2023 (remaining six months) | $ | 69,717 |
2024 | 139,437 |
2025 | 139,437 |
2026 | 137,770 |
2027 | 132,770 |
Thereafter | 652,790 |
| $ | 1,271,921 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration