Schedule of finite-lived intangible assets |
|
|
December 31, 2021 |
|
|
December 31, 2020 |
|
|
|
|
|
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net
Carrying
Amount |
|
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net
Carrying Amount
|
|
|
Useful
Life |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Patents |
|
$ |
75,266 |
|
|
$ |
(13,077 |
) |
|
$ |
62,189 |
|
|
$ |
25,598 |
|
|
$ |
(3,809 |
) |
|
$ |
21,789 |
|
|
|
10 |
|
Patents in process |
|
|
89,767 |
|
|
|
- |
|
|
|
89,767 |
|
|
|
133,112 |
|
|
|
- |
|
|
|
133,112 |
|
|
|
N/A |
|
Licenses |
|
|
241,909 |
|
|
|
(41,471 |
) |
|
|
200,438 |
|
|
|
241,909 |
|
|
|
(17,280 |
) |
|
|
224,629 |
|
|
|
10 |
|
Trademarks |
|
|
3,230,000 |
|
|
|
(130,242 |
) |
|
|
3,099,758 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
10 |
|
FAA waiver |
|
|
5,930,000 |
|
|
|
(239,113 |
) |
|
|
5,690,887 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
10 |
|
Developed technology |
|
|
16,120,000 |
|
|
|
(650,000 |
) |
|
|
15,470,000 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
10 |
|
Non-compete agreements |
|
|
840,000 |
|
|
|
(338,710 |
) |
|
|
501,290 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
1 |
|
Customer relationships |
|
|
60,000 |
|
|
|
(4,839 |
) |
|
|
55,161 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
5 |
|
|
|
$ |
26,586,942 |
|
|
$ |
(1,417,452 |
) |
|
$ |
25,169,489 |
|
|
$ |
400,619 |
|
|
$ |
(21,089 |
) |
|
$ |
379,530 |
|
|
|
|
|
|
Schedule of estimated amortization expense |
Year Ending December 31, |
|
Estimated
Amortization |
|
2022 |
|
$ |
2,072,570 |
|
2023 |
|
$ |
2,571,280 |
|
2024 |
|
$ |
2,571,003 |
|
2025 |
|
$ |
2,571,003 |
|
2026 |
|
$ |
2,566,164 |
|
|