| Schedule of finite-lived intangible assets |
| |
|
December 31, 2022 |
|
|
December 31, 2021 |
|
|
|
|
|
|
|
| |
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net
Carrying
Amount |
|
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net Carrying Amount |
|
|
Useful
Life |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Patents |
|
$ |
82,431 |
|
|
$ |
(27,331 |
) |
|
$ |
55,100 |
|
|
$ |
75,266 |
|
|
$ |
(13,077 |
) |
|
$ |
62,189 |
|
|
|
10 |
|
| Patents in process |
|
|
119,760 |
|
|
|
- |
|
|
|
119,760 |
|
|
|
89,767 |
|
|
|
- |
|
|
|
89,767 |
|
|
|
N/A |
|
| Licenses |
|
|
241,909 |
|
|
|
(65,665 |
) |
|
|
176,244 |
|
|
|
241,909 |
|
|
|
(41,472 |
) |
|
|
200,437 |
|
|
|
10 |
|
| Trademarks |
|
|
3,230,000 |
|
|
|
(453,242 |
) |
|
|
2,776,758 |
|
|
|
3,230,000 |
|
|
|
(130,242 |
) |
|
|
3,099,758 |
|
|
|
10 |
|
| FAA waiver |
|
|
5,930,000 |
|
|
|
(832,113 |
) |
|
|
5,097,887 |
|
|
|
5,930,000 |
|
|
|
(239,113 |
) |
|
|
5,690,887 |
|
|
|
10 |
|
| Developed technology |
|
|
23,270,614 |
|
|
|
(2,752,353 |
) |
|
|
20,518,261 |
|
|
|
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 |
|
|
|
(16,839 |
) |
|
|
43,161 |
|
|
|
60,000 |
|
|
|
(4,839 |
) |
|
|
55,161 |
|
|
|
5 |
|
| |
|
$ |
33,774,714 |
|
|
$ |
(4,987,543 |
) |
|
$ |
28,787,171 |
|
|
$ |
26,586,942 |
|
|
$ |
(1,417,453 |
) |
|
$ |
25,169,489 |
|
|
|
|
|
|
| Schedule of estimated amortization expense |
| Year Ending December 31, |
|
Estimated
Amortization |
|
| 2023 |
|
$ |
3,287,497 |
|
| 2024 |
|
$ |
3,287,497 |
|
| 2025 |
|
$ |
3,287,497 |
|
| 2026 |
|
$ |
3,282,658 |
|
| 2027 |
|
$ |
3,275,497 |
|
| Thereafter |
|
$ |
12,366,528 |
|
| Total |
|
$ |
28,787,171 |
|
|