Intangible Assets, Net

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

5. Intangible Assets, Net

The gross carrying amount and accumulated amortization of separately identifiable intangible assets are as follows:

	As of September 30, 2022
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Patents	$	247,850	$	(6,996	)	$	240,854
Trademark		45,000		(19,250	)		25,750
Rights to intellectual property		100,000		(2,222	)		97,778
Total intangible assets	$	392,850	$	(28,468	)	$	364,382

	As of December 31, 2021
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Patent	$	7,000	$	(4,083	)	$	2,917
Trademark		45,000		(17,000	)		28,000
Total intangible assets	$	52,000	$	(21,083	)	$	30,917

Amortization expense for the three months ended September 30, 2022 and 2021 was $4,798 and $867, respectively, and for the nine months ended September 30, 2022 and 2021 was $7,385 and $2,600, respectively.

Estimated amortization expense for all intangible assets subject to amortization in future years is expected to be:

Years Ending December 31,	Amortization
Remainder of 2022	$	6,547
2023		26,190
2024		26,190
2025		26,190
2026		26,190
Thereafter		253,075
Total	$	364,382