| Schedule of finite-lived intangible assets |
| |
|
March 31, 2022 |
|
|
December 31, 2021 |
|
|
|
|
| |
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net
Carrying
Amount |
|
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net Carrying Amount |
|
|
Useful
Life |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Patents |
|
$ |
77,772 |
|
|
$ |
(17,356 |
) |
|
$ |
60,416 |
|
|
$ |
75,266 |
|
|
$ |
(13,077 |
) |
|
$ |
62,189 |
|
|
|
10 |
|
| Patents in process |
|
|
96,345 |
|
|
|
- |
|
|
|
96,344 |
|
|
|
89,767 |
|
|
|
- |
|
|
|
89,767 |
|
|
|
N/A |
|
| Licenses |
|
|
241,909 |
|
|
|
(47,520 |
) |
|
|
194,389 |
|
|
|
241,909 |
|
|
|
(41,471 |
) |
|
|
200,438 |
|
|
|
10 |
|
| Trademarks |
|
|
3,230,000 |
|
|
|
(210,992 |
) |
|
|
3,019,008 |
|
|
|
3,230,000 |
|
|
|
(130,242 |
) |
|
|
3,099,758 |
|
|
|
10 |
|
| FAA waiver |
|
|
5,930,000 |
|
|
|
(387,363 |
) |
|
|
5,542,637 |
|
|
|
5,930,000 |
|
|
|
(239,113 |
) |
|
|
5,690,887 |
|
|
|
10 |
|
| Developed technology |
|
|
16,120,000 |
|
|
|
(1,053,000 |
) |
|
|
15,067,000 |
|
|
|
16,120,000 |
|
|
|
(650,000 |
) |
|
|
15,470,000 |
|
|
|
10 |
|
| Non-compete agreements |
|
|
840,000 |
|
|
|
(548,710 |
) |
|
|
291,290 |
|
|
|
840,000 |
|
|
|
(338,710 |
) |
|
|
501,290 |
|
|
|
1 |
|
| Customer relationships |
|
|
60,000 |
|
|
|
(7,839 |
) |
|
|
52,161 |
|
|
|
60,000 |
|
|
|
(4,839 |
) |
|
|
55,161 |
|
|
|
5 |
|
| |
|
$ |
26,596,026 |
|
|
$ |
(2,272,780 |
) |
|
$ |
24,323,246 |
|
|
$ |
26,586,942 |
|
|
$ |
(1,417,452 |
) |
|
$ |
25,169,489 |
|
|
|
|
|
|
| Schedule of estimated amortization expense |
| Year Ending December 31, |
|
Estimated
Amortization |
|
| 2022 (9 months) |
|
$ |
1,372,244 |
|
| 2023 |
|
$ |
2,571,280 |
|
| 2024 |
|
$ |
2,571,003 |
|
| 2025 |
|
$ |
2,571,003 |
|
| 2026 |
|
$ |
2,566,164 |
|
| Thereafter |
|
$ |
12,575,208 |
|
| Total |
|
$ |
24,226,902 |
|
|