| Schedule of finite-lived intangible assets |
| |
|
September 30, 2022 |
|
|
December 31, 2021 |
|
|
|
|
| |
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net
Carrying
Amount |
|
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net Carrying Amount |
|
|
Useful
Life |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Patents |
|
$ |
78,132 |
|
|
$ |
(21,261 |
) |
|
$ |
56,971 |
|
|
$ |
75,266 |
|
|
$ |
(13,077 |
) |
|
$ |
62,189 |
|
|
|
10 |
|
| Patents in process |
|
|
105,485 |
|
|
|
- |
|
|
|
105,485 |
|
|
|
89,767 |
|
|
|
- |
|
|
|
89,767 |
|
|
|
N/A |
|
| Licenses |
|
|
241,909 |
|
|
|
(59,616 |
) |
|
|
182,293 |
|
|
|
241,909 |
|
|
|
(41,471 |
) |
|
|
200,438 |
|
|
|
10 |
|
| Trademarks |
|
|
3,230,000 |
|
|
|
(372,491 |
) |
|
|
2,857,509 |
|
|
|
3,230,000 |
|
|
|
(130,242 |
) |
|
|
3,099,758 |
|
|
|
10 |
|
| FAA waiver |
|
|
5,930,000 |
|
|
|
(683,863 |
) |
|
|
5,246,137 |
|
|
|
5,930,000 |
|
|
|
(239,113 |
) |
|
|
5,690,887 |
|
|
|
10 |
|
| Developed technology |
|
|
23,270,614 |
|
|
|
(2,152,678 |
) |
|
|
21,117,936 |
|
|
|
16,120,000 |
|
|
|
(650,000 |
) |
|
|
15,470,000 |
|
|
|
10 |
|
| Non-compete agreements |
|
|
840,000 |
|
|
|
(840,000 |
) |
|
|
- |
|
|
|
840,000 |
|
|
|
(338,710 |
) |
|
|
501,290 |
|
|
|
1 |
|
| Customer relationships |
|
|
60,000 |
|
|
|
(13,839 |
) |
|
|
46,161 |
|
|
|
60,000 |
|
|
|
(4,839 |
) |
|
|
55,161 |
|
|
|
5 |
|
| |
|
$ |
33,756,140 |
|
|
$ |
(4,143,747 |
) |
|
$ |
29,612,392 |
|
|
$ |
26,586,942 |
|
|
$ |
(1,417,452 |
) |
|
$ |
25,169,489 |
|
|
|
|
|
|
| Schedule of estimated amortization expense |
| Year Ending December 31, |
|
Estimated
Amortization |
|
| 2022 (3 months) |
|
|
838,701 |
|
| 2023 |
|
|
3,357,978 |
|
| 2024 |
|
|
3,357,702 |
|
| 2025 |
|
|
3,323,589 |
|
| 2026 |
|
|
3,250,525 |
|
| Thereafter |
|
|
15,483,897 |
|
| Total |
|
$ |
29,612,392 |
|
|