| Schedule of Intangible Assets |
As of September 30, 2023 and December 31, 2022 we had the following amounts related to intangible assets and liabilities other than goodwill:
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September 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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$ |
(639,073) |
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$ |
138,392 |
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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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(474,882) |
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414,028 |
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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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(168,000) |
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72,000 |
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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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(94,263) |
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169,673 |
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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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(375,213) |
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9,252 |
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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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(113,666) |
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1,477,661 |
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— |
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— |
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— |
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$ |
4,172,999 |
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$ |
(1,865,097) |
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$ |
2,307,902 |
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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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$ |
(1,968,383) |
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$ |
649,785 |
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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 September 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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$ |
172,412 |
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$ |
26,242 |
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$ |
198,654 |
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| Year 2 |
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178,779 |
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111,624 |
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290,403 |
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| Year 3 |
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174,763 |
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153,964 |
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328,727 |
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| Year 4 |
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172,340 |
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167,176 |
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339,516 |
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| Year 5 |
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63,940 |
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175,750 |
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239,690 |
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| Thereafter |
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41,111 |
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193,120 |
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234,231 |
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| Total |
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$ |
803,345 |
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827,876 |
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$ |
1,631,221 |
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