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Intellectual property (Tables)
12 Months Ended
Dec. 31, 2023
Intellectual property  
Acquisition Of Sfd Geothermal Right

 

 

December 31, 2023

 

 

 

Cost

 

 

Accumulated

 

 

Net book

 

 

 

Base

 

 

amortization

 

 

Value

 

SFD® Hydrocarbon Right acquired

 

$25,271,000

 

 

$14,039,868

 

 

$11,231,132

 

SFD® Geothermal Right acquired

 

 

275,610

 

 

 

36,747

 

 

 

238,863

 

 

 

 

25,546,610

 

 

 

14,076,615

 

 

 

11,469,995

 

 

 

 

December 31, 2022

 

 

 

Cost

 

 

Accumulated

 

 

Net book

 

 

 

Base

 

 

amortization

 

 

Value

 

SFD® Hydrocarbon Right acquired

 

$25,271,000

 

 

$12,355,134

 

 

$12,915,866

 

SFD® Geothermal Right acquired

 

 

275,610

 

 

 

22,967

 

 

 

252,643

 

 

 

 

25,546,610

 

 

 

12,378,101

 

 

 

13,168,509

 

Schedule of Reconciliation of Intellectual Property

 

 

SFD® Hydrocarbon Right

 

 

SFD® Geothermal Right

 

 

Total

 

Net book value at December 31, 2021

 

$14,600,600

 

 

$266,423

 

 

$14,867,023

 

Amortization

 

 

(1,684,734)

 

 

(13,780)

 

 

(1,698,514)

Net book value at December 31, 2022

 

 

12,915,866

 

 

 

252,643

 

 

 

13,168,509

 

Amortization

 

 

(1,684,734)

 

 

(13,780)

 

 

(1,698,514)

Net book value at December 31, 2023

 

 

11,231,132

 

 

 

238,863

 

 

 

11,469,995