Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and In-Process R&D (Tables)

v3.21.2
Intangible Assets and In-Process R&D (Tables)
9 Months Ended
Sep. 30, 2021
Intangible Assets and In-Process R&D  
Schedule of intangible assets and in-process R&D

Intangible assets and in-process R&D at September 30, 2021 and December 31, 2020 consists of the following:

    

    

September 30, 

    

Estimated Useful

2021

Life (Years)

(unaudited)

December 31, 2020

Trade Secrets

 

10

$

250,000

$

250,000

Less: Accumulated Amortization

 

  

 

(75,000)

 

(56,250)

Intangible Assets, Net

 

  

 

175,000

 

193,750

In-Process R&D

 

  

 

9,536,414

 

9,536,414

Total Intangible Assets and In-Process R&D, Net

 

  

$

9,711,414

$

9,730,164