Annual report pursuant to Section 13 and 15(d)

PATENT LICENSE FEES (Tables)

v3.20.2
PATENT LICENSE FEES (Tables)
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Schedule of patent license assets

The patent license assets as of the year ended December 31, 2019, 2018, 2017, 2016 and 2015 is shown in the following table:

 

    December 31
    2019   2018   2017   2016   2015
Patent license fees   $ 4,187,902     $ 4,186,289     $ 4,168,841     $ 4,168,841     $ 4,168,841  
Less accumulated amortization     (1,686,3107 )     (1,439,471 )     (1,176,796 )     (931,569 )     (686,343 )
Intangible Assets, Net   $ 2,501,592     $ 2,746,818     $ 2,992,045     $ 3,237,272     $ 3,482,498