Intangible Assets and Goodwill

12 Months Ended

Dec. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

4. Intangible Assets and Goodwill

The Company’s intangible assets and goodwill consisted of:

	December 31,
	2021		2020
First Aid Only Tradename	$	3,410,000	$	3,410,000
First Aid Only Customer List		5,500,010		5,500,010
DMT Trademarks		1,387,000		1,387,000
DMT Customer List		1,369,000		1,369,000
DMT Non-Compete		183,000		183,000
Slice License Agreement		379,921		379,921
Patents		2,271,980		2,271,980
Trademarks		663,698		663,698
Pac-Kit Tradename, Customer List		1,500,000		1,500,000
Spill Magic Customer List		3,965,000		3,965,000
Spill Magic Trademarks		1,034,000		1,034,000
Spill Magic Non-Compete		67,111		67,111
C-Thru Customer List		1,050,000		1,050,000
FAC		1,332,963		1,332,963
Med-Nap		2,920,145		2,920,145
Subtotal		27,033,828		27,033,828
Less: Accumulated Amortization		9,803,299		8,312,405
Intangible Assets	$	17,230,529	$	18,721,423
Goodwill	$	4,799,829	$	4,799,829
Total:	$	22,030,358	$	23,521,252

Amortization expense for patents and trademarks for the years ended December 31, 2021 and 2020 were $1,490,894 and $1,324,423, respectively. The estimated aggregate amortization expense for each of the next five succeeding years, calculated on a similar basis, is as follows: 2022 - $1,459,787; 2023 - $1,455,590; 2024 - $1,450,400; 2025 - $1,488,207; and 2026 - $1,447,427.