Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.23.2
Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2023
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 June 30, 2023 and December 31, 2022, respectively:

 

    June 30,
2023
    December 31,
2022
 
Provisional Patent Applications   $ 752,802     $ 675,251  
Patents     552,321       524,750  
Less: Accumulated Amortization     (89,712 )     (74,716 )
                 
Net Intangible Assets   $ 1,215,411     $ 1,125,285  
Schedule of Aggregate Amortization Expense

The estimated aggregate amortization expense for years ending December 31 is as follows:

  

         
2023 (Remaining)   $ 15,596  
2024     31,192  
2025     31,192  
2026     31,192  
Thereafter     353,437  
         
Intangible asset and amortization expense   $ 462,609