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)
6 Months Ended
Jun. 30, 2021
Intangible Assets and In-Process R&D  
Schedule of intangible assets and in-process R&D

6. Intangible Assets and In-Process R&D – (continued)

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

    

Estimated Useful

    

June 30, 2021

    

December 31, 

Life (Years)

(unaudited)

2020

Trade Secrets

 

10

$

250,000

$

250,000

Less: Accumulated Amortization

 

  

 

(68,750)

 

(56,250)

Intangible Assets, Net

 

  

 

181,250

 

193,750

In-Process R&D

 

  

 

9,536,414

 

9,536,414

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

 

  

$

9,717,664

$

9,730,164