Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.20.1
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
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 December 31, 2019 and 2018, respectively:

 

    Year Ended December 31,  
    2019     2018  
Provisional Patent Applications   $ 448,714     $ 366,353  
Patents     138,936       47,073  
Less: Accumulated Amortization     (18,309 )     (8,448 )
                 
Net Intangible Assets   $ 569,341     $ 404,978  

Schedule of Aggregate Amortization Expense

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

 

2020   $ 8,173  
2021     8,173  
2022     8,173  
2023     8,173  
Thereafter     87,936  
         
    $ 120,628