| Schedule of finite-lived intangible assets |
| |
|
March 31, 2023 |
|
|
December 31, 2022 |
|
|
|
|
| |
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net
Carrying
Amount |
|
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net
Carrying
Amount |
|
|
Useful
Life |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Patents |
|
$ |
100,767 |
|
|
$ |
(29,103 |
) |
|
$ |
71,664 |
|
|
$ |
82,431 |
|
|
$ |
(27,331 |
) |
|
$ |
55,100 |
|
|
|
10 |
|
| Patents in process |
|
|
110,156 |
|
|
|
- |
|
|
|
110,156 |
|
|
|
119,760 |
|
|
|
- |
|
|
|
119,760 |
|
|
|
N/A |
|
| Licenses |
|
|
241,909 |
|
|
|
(71,713 |
) |
|
|
170,196 |
|
|
|
241,909 |
|
|
|
(65,665 |
) |
|
|
176,244 |
|
|
|
10 |
|
| Software |
|
|
211,411 |
|
|
|
(137,528 |
) |
|
|
73,883 |
|
|
|
161,284 |
|
|
|
(84,682 |
) |
|
|
76,602 |
|
|
|
3 |
|
| Trademarks |
|
|
3,230,000 |
|
|
|
(533,992 |
) |
|
|
2,696,008 |
|
|
|
3,230,000 |
|
|
|
(453,242 |
) |
|
|
2,776,758 |
|
|
|
10 |
|
| FAA waiver |
|
|
5,930,000 |
|
|
|
(980,363 |
) |
|
|
4,949,637 |
|
|
|
5,930,000 |
|
|
|
(832,113 |
) |
|
|
5,097,887 |
|
|
|
10 |
|
| Developed technology |
|
|
27,621,414 |
|
|
|
(3,428,388 |
) |
|
|
24,193,026 |
|
|
|
23,270,614 |
|
|
|
(2,752,353 |
) |
|
|
20,518,261 |
|
|
|
3 - 10 |
|
| Non-compete agreements |
|
|
840,000 |
|
|
|
(840,000 |
) |
|
|
- |
|
|
|
840,000 |
|
|
|
(840,000 |
) |
|
|
- |
|
|
|
1 |
|
| Marketing-related assets |
|
|
890,000 |
|
|
|
(15,790 |
) |
|
|
874,210 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
10 |
|
| Customer relationships |
|
|
1,090,000 |
|
|
|
(56,837 |
) |
|
|
1,033,613 |
|
|
|
60,000 |
|
|
|
(16,839 |
) |
|
|
43,161 |
|
|
|
5 |
|
| |
|
$ |
40,265,657 |
|
|
$ |
(6,093,264 |
) |
|
$ |
34,172,393 |
|
|
$ |
33,774,714 |
|
|
$ |
(5,072,225 |
) |
|
$ |
28,863,773 |
|
|
|
|
|
|
| Schedule of estimated amortization expense |
| Year Ending December 31, |
|
Estimated
Amortization |
|
| 2023 (9 months) |
|
$ |
3,111,886 |
|
| 2024 |
|
$ |
4,148,300 |
|
| 2025 |
|
$ |
4,086,953 |
|
| 2026 |
|
$ |
4,004,518 |
|
| 2027 |
|
$ |
3,997,357 |
|
| Thereafter |
|
$ |
14,823,379 |
|
| Total |
|
$ |
34,172,393 |
|
|