| Schedule of Intangible Assets |
As of June 30, 2023 and December 31, 2022 we had the following amounts related to intangible assets and liabilities other than goodwill:
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June 30, 2023 |
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December 31, 2022 |
| Intangible assets |
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Cost |
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Accumulated Amortization |
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Total |
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Cost |
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Accumulated Amortization |
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Total |
| Product certifications |
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$ |
777,465 |
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$ |
(618,749) |
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$ |
158,716 |
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$ |
777,465 |
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$ |
(584,863) |
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$ |
192,602 |
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| Patents |
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888,910 |
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(452,914) |
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435,996 |
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888,910 |
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(405,140) |
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483,770 |
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| Developed technology |
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240,000 |
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(164,000) |
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76,000 |
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240,000 |
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(156,000) |
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84,000 |
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| Trademarks |
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26,896 |
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— |
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26,896 |
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26,896 |
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— |
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26,896 |
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| In Process R&D |
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263,936 |
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(84,837) |
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179,099 |
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263,936 |
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(65,984) |
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197,952 |
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| Favorable contract asset |
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384,465 |
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(374,287) |
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10,178 |
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384,465 |
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(372,091) |
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12,374 |
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| Customer contract |
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1,591,327 |
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(56,833) |
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1,534,494 |
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— |
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— |
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— |
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$ |
4,172,999 |
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$ |
(1,751,620) |
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$ |
2,421,379 |
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$ |
2,581,672 |
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$ |
(1,584,078) |
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$ |
997,594 |
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| Intangible liability |
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| Unfavorable contract liability |
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$ |
2,618,168 |
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$ |
(1,913,807) |
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$ |
704,361 |
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$ |
2,618,168 |
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$ |
(1,797,951) |
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$ |
820,217 |
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| Schedule of Future Amortization Expense |
Aggregate future amortization over the next five years and thereafter as of June 30, 2023 is estimated to be as follows:
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Non-contract Related Intangibles |
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Contract Related Intangibles |
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Total |
| Year 1 |
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$ |
183,504 |
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$ |
13,774 |
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$ |
197,278 |
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| Year 2 |
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179,922 |
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95,572 |
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275,494 |
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| Year 3 |
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176,029 |
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143,370 |
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319,399 |
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| Year 4 |
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172,418 |
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165,490 |
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337,908 |
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| Year 5 |
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100,048 |
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174,871 |
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274,919 |
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| Thereafter |
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48,068 |
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237,056 |
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285,124 |
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| Total |
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$ |
859,989 |
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830,133 |
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$ |
1,690,122 |
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