Annual report pursuant to Section 13 and 15(d)

Intangible Assets and Goodwill (Tables)

v3.24.1
Intangible Assets and Goodwill (Tables)
 12 Months Ended
Dec. 31, 2023
Intangible Assets and Goodwill [Abstract]  
Schedule of Intangible Assets, Net Intangible assets, net consists of the following (in thousands):
    December 31, 2023     December 31, 2022  
    Gross Carrying
Amount		     Accumulated
Amortization		     Net     Gross Carrying
Amount		     Accumulated
Amortization		     Net  
In-process research and development   $ 2,900,000     $
-
     $ 2,900,000     $ 2,900,000     $
              -
     $ 2,900,000  
Patents and intellectual property     5,671,478       (630,164 )     5,041,314       5,671,478      
-
       5,671,478  
Intangible assets, net   $ 8,571,478     $ (630,164 )   $ 7,941,314     $ 8,571,478     $
-
     $ 8,571,478  
Schedule of Future Expected Amortization Expense of Intangible Assets As of December 31, 2023, future expected amortization expense of Intangible assets was as follows:
2024     630,134  
2025     630,134  
2026     630,134  
2027     630,134  
2028     630,134  
Thereafter     1,890,644  
Remaining future amortization expense   $ 5,041,314