INTANGIBLE ASSETS AND GOODWILL (Details) - USD ($) |
Jun. 30, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Non-amortizable Intangible Assets | ||
| Trade Name | $ 90,000 | |
| Amortizable Intangible Assets | ||
| Refinery permits | 1,921,082 | $ 1,921,082 |
| Less accumulated amortization | (2,487,969) | (2,182,889) |
| Intangible Assets, Net | 7,457,892 | 4,180,746 |
| Patents [Member] | ||
| Amortizable Intangible Assets | ||
| Finite-Lived Intangible Assets, Gross | $ 7,934,779 | $ 4,442,553 |
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- References No definition available.
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- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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- Definition Carrying amount (original costs adjusted for previously recognized amortization and impairment) as of the balance sheet date for the rights acquired through registration of a trade name to gain or protect exclusive use thereof for a projected indefinite period of benefit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying amount of finite-lived intangible assets, indefinite-lived intangible assets and goodwill. Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Intangible assets are assets, not including financial assets, lacking physical substance. No definition available.
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- Details
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