Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.24.1.1.u2
Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2024
Intangible Assets and Goodwill [Abstract]  
Schedule of Intangible Assets, Net Intangible assets, net consists of the following:
    March 31, 2024     December 31, 2023  
    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       (787,705 )     4,883,773       5,671,478       (630,164 )     5,041,314  
Intangible assets, net   $ 8,571,478     $ (787,705 )   $ 7,783,773     $ 8,571,478     $ (630,164 )   $ 7,941,314  
Schedule of Future Expected Amortization Expense of Intangible Assets As of March 31, 2024, future expected amortization expense of Intangible assets was as follows:
2024 (remaining)   $ 472,623  
2025     630,164  
2026     630,164  
2027     630,164  
2028     630,164  
Thereafter     1,890,494  
Remaining future amortization expense   $ 4,883,773