| Schedule of finite-lived intangible assets |
| |
|
June
30, 2022 |
|
|
December
31, 2021 |
|
|
|
|
| |
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net
Carrying
Amount |
|
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net
Carrying Amount |
|
|
Useful
Life |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Patents |
|
$ |
77,810 |
|
|
$ |
(19,166 |
) |
|
$ |
58,644 |
|
|
$ |
75,266 |
|
|
$ |
(13,077 |
) |
|
$ |
62,189 |
|
|
|
10 |
|
| Patents
in process |
|
|
101,681 |
|
|
|
- |
|
|
|
101,681 |
|
|
|
89,767 |
|
|
|
- |
|
|
|
89,767 |
|
|
|
N/A |
|
| Licenses |
|
|
241,909 |
|
|
|
(53,568 |
) |
|
|
188,341 |
|
|
|
241,909 |
|
|
|
(41,471 |
) |
|
|
200,438 |
|
|
|
10 |
|
| Trademarks |
|
|
3,230,000 |
|
|
|
(291,741 |
) |
|
|
2,938,259 |
|
|
|
3,230,000 |
|
|
|
(130,242 |
) |
|
|
3,099,758 |
|
|
|
10 |
|
| FAA
waiver |
|
|
5,930,000 |
|
|
|
(535,613 |
) |
|
|
5,394,387 |
|
|
|
5,930,000 |
|
|
|
(239,113 |
) |
|
|
5,690,887 |
|
|
|
10 |
|
| Developed
technology |
|
|
22,963,600 |
|
|
|
(1,570,060 |
) |
|
|
21,393,540 |
|
|
|
16,120,000 |
|
|
|
(650,000 |
) |
|
|
15,470,000 |
|
|
|
10 |
|
| Non-compete
agreements |
|
|
840,000 |
|
|
|
(758,709 |
) |
|
|
81,291 |
|
|
|
840,000 |
|
|
|
(338,710 |
) |
|
|
501,290 |
|
|
|
1 |
|
| Customer
relationships |
|
|
60,000 |
|
|
|
(10,840 |
) |
|
|
49,161 |
|
|
|
60,000 |
|
|
|
(4,839 |
) |
|
|
55,161 |
|
|
|
5 |
|
| |
|
$ |
33,445,000 |
|
|
$ |
(3,239,697 |
) |
|
$ |
30,205,303 |
|
|
$ |
26,586,942 |
|
|
$ |
(1,417,452 |
) |
|
$ |
25,169,489 |
|
|
|
|
|
|
| Schedule of estimated amortization expense |
| Year
Ending December 31, |
|
Estimated
Amortization |
|
| 2022
(6 months) |
|
$ |
1,709,110 |
|
| 2023 |
|
$ |
3,255,640 |
|
| 2024 |
|
$ |
3,255,363 |
|
| 2025 |
|
$ |
3,255,363 |
|
| 2026 |
|
$ |
3,250,525 |
|
| Thereafter |
|
$ |
15,377,621 |
|
| Total |
|
$ |
30,103,622 |
|
|