Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.22.2.2
Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Definite-life Intangible Assets and Accumulated Amortization

The following is a summary of definite-life intangible assets less accumulated amortization as of September 30, 2022 and December 31, 2021, respectively:

 

    September 30,
2022		     December 31,
2021		  
Provisional Patent Applications   $ 725,164     $ 675,291  
Patents     426,601       300,370  
Less: Accumulated Amortization     (67,560 )     (50,550 )
                 
Net Intangible Assets   $ 1,084,205     $ 925,111  
Schedule of Aggregate Amortization Expense

The estimated aggregate amortization expense for each of the following years ending December 31 is as follows:

 

         
2022 (Remaining)   $ 6,153  
2023     24,610  
2024     24,610  
2025     24,610  
Thereafter     279,058  
         
Intangible asset and amortization expense   $ 359,041