Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.22.2.2
Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Balance of Intangible Assets

The following represents the balances of the intangible assets:

 

 

 

September 30, 2022

 

 

December 31, 2021

 

Asset resulting from R&D activities

 

$

26,400

 

 

$

26,400

 

Accumulated Amortization

 

 

(6,654

)

 

 

(4,722

)

Impairment loss

 

 

(17,746

)

 

 

 

Intangible assets, net

 

$

2,000

 

 

$

21,678

 

Summary of Future Amortization Expense

As of September 30, 2022, future amortization expense is as follows:

 

 

Amortization

 

Remainder of 2022

$

65

 

2023

 

261

 

2024

 

261

 

2025

 

261

 

2026

 

261

 

2027 and thereafter

 

891

 

Total

$

2,000